Tax and Accounting

Ongoing Accounting Review

  • Development of Accounting Policies
  • Review of existing accounting system (including cost accounting), identification and disclosure of weaknesses, development and presentation of suggestions and action plan to eliminate these weaknesses
  • Making suggestions on accounting procedures, development of accounting manual and advice on implementation of the manual.
  • Review of existing budgeting system, development of suggestions and action plan on improvement of budgeting system
  • Providing of trainings on IFRS, ASRA (Accounting Standards of the Republic of Armenia) and other accounting related regulative legal acts

Accounting and Tax Outsourcing Services

Set up/improvement of an accounting system, including

  • Development of Accounting Policies
  • Review of existing accounting system (including cost accounting), identification and disclosure of weaknesses, development and presentation of suggestions and action plan to eliminate these weaknesses
  • Making suggestions on accounting procedures, development of accounting manual and advice on implementation of the manual.
  • Review of existing budgeting system, development of suggestions and action plan on improvement of budgeting system
  • Providing of trainings on IFRS, ASRA (Accounting Standards of the Republic of Armenia) and other accounting related regulative legal acts

Accounting Advisory Services in line with IFRS

  • Development of Accounting Policies
  • Review of existing accounting system (including cost accounting), identification and disclosure of weaknesses, development and presentation of suggestions and action plan to eliminate these weaknesses
  • Making suggestions on accounting procedures, development of accounting manual and advice on implementation of the manual.
  • Review of existing budgeting system, development of suggestions and action plan on improvement of budgeting system
  • Providing of trainings on IFRS, ASRA (Accounting Standards of the Republic of Armenia) and other accounting related regulative legal acts

Tax and Accounting Advisory Services

  • Development of Accounting Policies
  • Review of existing accounting system (including cost accounting), identification and disclosure of weaknesses, development and presentation of suggestions and action plan to eliminate these weaknesses
  • Making suggestions on accounting procedures, development of accounting manual and advice on implementation of the manual.
  • Review of existing budgeting system, development of suggestions and action plan on improvement of budgeting system
  • Providing of trainings on IFRS, ASRA (Accounting Standards of the Republic of Armenia) and other accounting related regulative legal acts

Financial and Tax accounting trainings

  • Development of Accounting Policies
  • Review of existing accounting system (including cost accounting), identification and disclosure of weaknesses, development and presentation of suggestions and action plan to eliminate these weaknesses
  • Making suggestions on accounting procedures, development of accounting manual and advice on implementation of the manual.
  • Review of existing budgeting system, development of suggestions and action plan on improvement of budgeting system
  • Providing of trainings on IFRS, ASRA (Accounting Standards of the Republic of Armenia) and other accounting related regulative legal acts

Other Accounting services (reforms)

  • Development of Accounting Policies
  • Review of existing accounting system (including cost accounting), identification and disclosure of weaknesses, development and presentation of suggestions and action plan to eliminate these weaknesses
  • Making suggestions on accounting procedures, development of accounting manual and advice on implementation of the manual.
  • Review of existing budgeting system, development of suggestions and action plan on improvement of budgeting system
  • Providing of trainings on IFRS, ASRA (Accounting Standards of the Republic of Armenia) and other accounting related regulative legal acts.

Viewpoint

The above described services/procedures allow the clients’ managements to obtain accurate information on the company’s assets, liabilities, equity status and changes, results of activities (profit and loss), tax liabilities, as well as reliably estimate the company’s financial and economic indicators.

 

Availability of such information allows the clients of our company to enhance the company’s manageability, to optimise income and expenses and maximise profitability. Moreover, as accounting data are used for tax calculations, the availability of effective accounting system significantly diminishes the possibility of errors and misstatements in tax calculations.