Auditing
We always focus our work on specific client needs and always try to offer our clients the best available services. Audits are conducted using up-to-date computer assisted techniques and audit software.
Our approach in auditing includes:
Understanding Client Businesses
Audit Planning
Analytical Review Procedures
Risk and Fraud Assessment
Materiality
Sampling
Compliance To Auditing Standards & Reports
Our services include:
Statutory Audit Of Annual Financial Statements
Internal Audit Engagements
Specific Purpose Audit Engagement & Due Diligence Reports
Other Investigations
Bookkeeping & Accounting
Through the use of up-to-date accounting software and specialised, experienced staff we offer our clients high quality services in an efficient and cost effective manner. Our Accounting Department is not just limited to the updating of the clients accounting records, but also has an advisory role.
Our services include:
Bookkeeping & Accounting Services
Payroll Processing
Preparation & Submission Of VAT/VIES Returns
Preparation Of Management Accounts
Supervision Of Accounting Departments
IFRS Financial Statements Preparations
Taxation
Cyprus is considered to be an ideal country for tax incentives as it offers low taxation, an impressive network of double tax treaties and a number of other incentives that render Cyprus particularly attractive to foreign investors.
At F&A Grand Auditing we recognise that the issue of taxation is of great concern to the business world and we put a heavy emphasis on tax planning as this is of particular importance to our clients.
Our specialised staff will identify well in advance all relevant matters that should be dealt with and give constructive advice on how to minimise tax liability, achieve effective tax compliance, manage tax risks and help you to control costs.
Our Taxation Department can provide assistance and advice on the following areas:
Personal Taxation
Corporate Taxation
International Tax Planning & Structuring
VAT & Other Indirect Taxation
Corporate Administration
Our specialised Corporate Administration Department is able to efficiently and effectively handle all the needs of our clients providing comprehensive services in corporate and commercial law through skills and experience we have acquired over the years.
Together with the highly qualified associates (lawyers, administrative service providers, etc.) we provide additional services such as the formation of companies, partnerships, trusts and funds as well as understanding the day-to-day activities of such structures.
Our services include:
Incorporation Of Companies, Partnerships, Trusts & Funds
Company Management, Administration & Fiduciary Services
Application For Cypriot Citizenship
Application For Permanent Residence Permits
Preparation & Maintenance Of Proper Company Documents
Other Administrative Services
Consulting Services
We are innovative and possess the technical knowledge and expertise required to advice clients on strategic options. As a company, we can assist in the development of information technology and controls for our clients and can organise debt and treasury management to help clients understand and apply the concepts to their business.
Our services include:
Preparation Of Business Plans
Preparation Of Cash Flow Projections
Business Valuations & Strategic Planning
IT Advisory
Mergers And Acquisitions
Management Buy Outs
IFRS Services
Our company has set up a specialised IFRS department to deal with client needs in respect of this area. We help our clients deal with complex areas of accounting and also help our overseas clients to convert their local financial statements to an IFRS FS.