Every Cyprus company director must ensure that the books and records of their company are in good order. This is a legal requirement by the Companies Act 113, and it is usually undertaken by the accounting department of the Company which processes all accounting records such as expenses, purchases, bank statements, agreements and sales invoices on a weekly or monthly basis.
The accounting function of any company is a very challenging task primarily because of the large volume of information that needs to be processed by the company to be compliant with local VAT and Tax Rules.
Typically, this function is outsourced to approved audit and assurance firms like CYAUSE Audit Services Ltd which have to technical knowledge and expertise to meet these requirements and produce the necessary information and deliverables on a timely basis.
No more headaches or loosing deadlines. We are here to help you. Our experienced book keeping staff will ensure to walk you through all the steps and procedures necessary to be on top of the accounting workload, paperwork and taxes.
We have almost automated the book keeping process so that we do not consume your valuable time into automated, simple processes.
As soon as we sign the engagement letter with the Company we will meet in person several times to discuss accounting needs and filing requirements. We will walk you through what accounting needs we identify and explain to you in detail all statutory requirements and procedures so that your accounting records will be up to date, always.
Amongst others we will explain to you in detail:
Needless to say, that we will assign an account manager to handle your needs directly until you master all of the above.
All you must do is to simply gather the information and provide them to our accounting department for processing.
A typical working relationship with our accounting staff involves lots of telephone calls on a weekly basis, collection and processing of your invoices and bank statements and payment of monthly payroll taxes.
We are proud to say that our relationship with our clients and especially our book keeping clients, is solid and robust as the frequent interaction generates real due care between us.