A professional accountant performing your bookkeeping not only books your sales and purchases in a licensed software but also your bank account and payroll in such a manner that they reconcile. By reconcile we mean that your books (accounting entries) agree with the bank account, payroll creditor at any given month and most importantly comply with local laws and regulations. 

Sounds easier than it actually is. With more than 20 years in the field bookkeeping is a complex and demanding task. A task that certainly not anyone can do.  

It does not matter if you are Coca Cola or a street sole trader. You must be able to identify which type of audit and assurance firm best suits your needs and organization's profile.  

We analyse what you should consider before choosing the right audit and assurance firm for your needs below:

Choosing the right service provider can always be challenging especially because communication becomes vital, especially if you are starting your own business which means tens of calls on a weekly basis until you get organised with all accounting and tax aspects!  

So how are service providers different? 

We list below the various profiles of service providers we have come across. See which one suits you! 

1. The introvert: what would anyone say the typical accountant! 

2. The extrovert: what would anyone say, the not typical accountant! 

3. The casual accountant; everyone's person but be cautious. 

4. The snobbish accountant 

5. The neighbor accountant 

Via Finhub off course! 

We only co-operate with the best accountants which we validate and monitor regularly therefore if you get an offer rest assure the accountant will meet your expectations. 

What makes a good accountant? 

An audit and assurance firm, regulated by the ACCA, ICAEW and the local Cyprus ICAPC is unlikely not to meet any professional requirements your business has to comply with the local laws and regulations.  

However, besides the workload there are more factors to consider in assessing whether your accountant is good for you: 

Finhub’s team ensures that the quality of services offered to the users of the platform are getting high quality services by validating them as follows: 

Service providers credentials 

To register as a service provider with finhub the following credentials are required: 

• They are members of local ICPAC (Institute of Certified Practicing Accountants in Cyprus) 

• ICPAC has not raised any issues or concerns towards their practice. 

• They are members of International Professional Association of ACCA and ICAEW 

• Their accountancy practice has been in business for more than 5 years. 

• They meet fin hub's quality control procedures.