Cyprus Audit Services

Description

As Cyprus has joined the EU, it has brought the country economic and political stability which transformed the island into an international business hub and a corporate service centre. Since becoming a full EU Member State, Cyprus also has adopted the EU Legislative Framework, however labour costs and tax expenses are significantly lower than the EU average. Under the Cyprus Companies Law, all companies must have their financial statements audited and signed by a Cyprus registered auditor.

The law requires that the audit is conducted in accordance with International Standards on Auditing (ISAs). All Cyprus registered companies are required to file an annual return accompanied with their annual audited financial statements (together with the auditor’s report) to the Registrar of Companies. The annual return includes details of registered office, shareholders, directors, company secretary, etc.

Services

We provide audit assistance services. Trusting us with the numbers will give you more free time to grow your business.

Our services comprise the following:

• Statutory audit of annual or interim financial statements in accordance with local statutory requirements and International Financial Reporting Standards (IFRS) under ISA;
• Audit of consolidated financial statements in accordance with applicable legislation and corporate reporting requirements;
• Review of interim financial statements.