Accountancy

Our accounting practice focuses on statutory accounting and advisory services. We assist a variety of international clients drawn from a wide range or sectors including retail, pharma, IT&C and telecommunications. The accountancy department is coordinated by our colleague, Banica Irina.

Services:

Statutory accounting:

  • Bookkeeping and accounting services, preparation of budgets; management accounting and periodic financial analysis, providing temporary or part-time accounting assistance; design and implementation of accounting systems, preparation of accounting procedures manuals; and drafting and submitting to the relevant authorities of the interim and annual financial statements according to RAS (Romanian Accounting Standards).

Accounting review:

  • Accounting reviews and due diligence.

Accounting advisory:

  • Advising on accounting matters on M&A transactions, as well as on day to day compliance.

Accounting expert opinions:

  • Issuing accounting expert opinions needed for trade registry proceedings such as an equity increase or conversion of debt into equity.

IFRS and management reporting:

  • Preparation of International Financial Reporting Standards (IFRS) financial statements, IFRS conversion projects.

Administrative and cash management:

  • Preparation of payment documents; obtaining bank statements on a regular basis; on-line banking transactions; and support in relation with the bank on various services as filling in paperwork required for lending and placing of securities.

Ștefania Gheorghe

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