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Accounting

We undertake the complete accounting and financial management functions along with the preparation of financial reporting according to the International Financial Reporting Standards (IFRS) and Czech Accounting Standards (CZ GAAP).

Our Accounting services include:

  • Processing and recording of sales and purchase invoices
  • Bank monitoring and reconciliations
  • Processing of financial statements including balance sheet, income statement, cash flow statement and notes in accordance to CZ GAAP and IFRS
  • Preparation of consolidated financial statements for groups of companies
  • Assisting clients in credit control and in the successful operation of their accounts department
  • Preparation of management accounts together with key accounting ratios, business issues including company solvency and liquidity, profitability, asset returns, and the fulfilment of key goals may be assessed
  • VAT and VIES preparation, filling and administration
  • Complete Payroll function administration including preparation, filling, staff registration with the required authorities and payment of social insurance and tax liabilities