Ֆինանսական և հարկային հաշվապահություն

Financial accounting is performed based on IFRS, which is legal requirement in Armenia since 2011. The process involves recording, summarizing, and reporting the myriad of transactions resulting from business operations.

Some businesses are not required by law to perform financial accounting and produce reports. Instead preparation of tax returns and payment of taxes are required. This type of service is recommended for PE’s.

Management accounting focuses on all accounting aimed at informing management about operational business metrics. It uses information relating to costs of products or services purchased by the company. Budgets are often used to quantify the decisions made in operational planning. We use performance reports to note variances between actual results from budgets.

For those businesses who are keen to implement accounting software, we are here to help fill previous period transactions in the system and train client’s relevant employees to successfully continue the use of the program.