Thursday, February 25, 2010

ACCOUNTING

The accounting function in a Company is probably the most important facet of Company administration. For this reason it is imperative that the persons entrusted to this work are sufficiently qualified and have enough experience to undertake this work.
At EUROREVISION we have been doing accounting work since our commencement and the experience of our staff is considerable in all aspects of accounting. As we have a diverse pertfolio of clients, our experience covers may different sectors of the market. The accounts of a Company are the bases used by management to make business decisions. For this reason it is vital that the information is reliable, correct, up to date and above all in a language and format required by management. Apart from the specific requests which we comply with in order to meet the individual needs of every company in any sector, the services which we offer habitually to all clients include:
Preparation and control of budgets and forecasts, comparison of the actual results and budgeted results and analysis of deviations from budgets.
Diagnostic controls and profitability ratio analyses.
Comparison of ratios with other companies in the same sector.
Advice on accounting policies to comply with legal and tax requisites and furthermore to serve as a management tool in making decisions.
Preparation of financial information for presentation to banks, suppliers, etc...
Update the accounting records if neglected for long periods
Convert local financial statements into a format and type as requested by overseas authorities (GAAP).

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