Audit & Assurance

In an environment that is governed by increasingly complex and broadening regulatory requirements, our focus is to provide high quality audit service that is performed by enthusiastic staff with a thorough knowledge of your business and sector. We can help you understand and address today’s most critical financial and reporting issues. Our audit approach focuses on understanding the clients’ business and control issues from the inside out. It combines a rigorous risk assessment, diagnostic processes, audit testing procedures as well as a continuous assessment of our clients’ service performance. As members of the Association of Chartered Certified Accountants in England and members of the Institute of Certified Public Accountants of Cyprus, we are licensed by the local Institute to carry out statutory audits of financial statements as and when required by the local legislation.

Our audit and assurance services include

 Audit of the financial statements, prepared in accordance with the International Financial Reporting Standards (IFRSs), based on the International Standards of Auditing (ISAs).

 Assistance in the preparation of statutory stand-alone or consolidated financial statements following the IFRSs.

 Evaluation of internal controls.

 Special purpose audits.

 Consulting Services as regards to accounting issues.

How we can add value on your business

We carry out a risk based approach auditing, thus minimising costs and maximising delivery of value to the business. Also we always make sure that with your cooperation the audit is always done on a timely manner in accordance to an agreed timeframe.

We arrange regular meetings or conference calls with our clients thus creating the necessary relationship which ensures the audit process is properly planned and performed with the minimum disruption to our clients.

We provide practical solutions to issues that arise throughout the audit process.

We always try to keep our clients informed of updates and/or changes in financial reporting and other legislative material on a continuous basis.

Qualityserve – We can help you understand and address today’s most critical financial and reporting issues.