Accounting services

Any type of business needs precise accounting. Accounting information depends on the size and type of company, however, in any case, you need accurate information. All of this is gaining the trust of investors and the public, which is ultimately the primary goal of any business.

In accordance with international practice, more and more managers are deciding to run their company's financial and accounting business with professional service providers.  

Outsourcing of accounting allows the company's management to focus only on the core business of the company and not spend time solving accounting-tax issues (problems). The company's management has the opportunity to interact with representatives of regulatory authorities (tax authorities), professionals and insure tax risks as much as possible.

Accounting services include the following:

• provide relevant consultations regarding the preparation of the Company's primary documentation;
• verification of primary accounting documents provided by the client and reflection of data in the accounting program;
• calculation of taxes in accordance with the tax legislation in force in Georgia;
• preparation and submission of tax returns and forms defined by legislation;
• consulting on current accounting issues;
• prepare a wide range of internal reporting forms for client management and shareholders (partners);
• other services required for accounting in accordance with local and international standards in Georgia;
• improving the imperfect accounting system, accounting restoration (including consultations with the client on optimizing of te existing accounting system);
• production and registration of employee payment, including relevant declarations;
• preparation of information on accounts receivable and credit debts:
• implementation of other separate accounting modules at the request of the customer;
• consulting on the accounting policy of the company;
• Preparation of financial statements in accordance with the legislation of Georgia. Including: International Financial Reporting Standarts (IFRS),IFRS for Small and Medium enterprises. 
• Protecting the interests of the client with tax and supervisory authorities during scheduled and unscheduled tax audits.

Accounting Result:

Timely informing the founders and management about the financial matters of the company. Improving the exchange of information between founders and management. Avoid tax and financial risks, unexpected losses. Provide information to the Service and other public authorities, responsibility for the completeness of the provided information.