Accounting services
Bookkeeping liability and preparation of statutory financial statement are required by the Law on Accounting for companies subject of the law. Further to these obligations, our company happily assists in the preparation of management reports, IFRS / US GAAP reports, takes care of administration tasks of voluntary liquidations and carries out due diligence works
The National Tax Authority increasingly requires surplus data for several tax types / tay returns, which our expert team provides with software that automatically complies with legal requirements.
We are pleased to assist our existing and potential Clients in the below fields.
ACCOUNTING TASKS
- Processing of outgoing and incoming invoices, bank and cash documents and other miscellaneous receipts that are connected to Client’s business activities, and the keeping of Client’s books of account
- Keep record of VAT pursuant to outgoing and incoming invoices
- Keep record of attested cash vouchers
- Keep record of the documents of bank transfers concluded in HUF or foreign currencies
- Keep record of tangible assets and write-off for depreciation
- Prepare and submit declarations to the budgetary and government bodies in due time
- Prepare the declarations of VAT, corporate tax and other tax types, and disclose the data of these 1 day before the final deadline for submission (depending on the receipt of the submitted material).
- Prepare the statutory financial statement in due time, keep in contact with the statutory auditor and actively participate in the audit
- Prepare the sales invoices based on the information provided by the Client
- Take care of the other administration tasks concerning declarations necessary towards the authorities
- Prepare the local tax declarations
MANAGEMENT REPORTS
Our company keeps your accounting records up to date and if it is required happily provides monthly / quarterly management reports in line with Client’s expectations.
IFRS / US GAAP ACCOUNTING / REPORTING
Apart from local regulations, our colleagues are familiar with IFRS / US GAAP regulations as well. Our accounting software can handle the statutory and management accounts simoltaneously, fulfiling multiple requirements at the same time.
VOLUNTARY LIQUIDATION
This often difficult task requires a lot of time and reconciliation. We are happily willing to take over this burden from our clients’ shoulders. Our company can handle the administration (bookkeping tasks, preparation of financial statements and tax returns) of voluntary liquidations under a specific agreement.
DUE DILIGENCE
Are you ready to buy a new business? Are you without an accountant and have no time to review the accounting records? Unsure that your company has fulfilled all its obligations?
Thanks to their diverse experience, our colleagues are familiar with the financial data and interpret the content behind the numbers in an efficient and understandable way.
