Electus is able to deliver an all-encompassing and truly multi-disciplinary service spanning management accounting, company administration, banking support, payroll and tax compliance services. Unlike competition, Electus has adopted a truly all-round service provided in-house in a coordinated approach translated into spot on, responsive services and higher value support to our clients.
The firm’s partners and managers are leading services professionals with many years of experience, actively involved in local professional circles.
Recording financial transactions is stepping stone in the accounting process. Our accounting team will ensure that all transactions are reported accurately according to international bookkeeping standards. We keep an open line of correspondance with our clients and ensure that all records are continuously updated and general ledgers carefully maintained. Furthermore, accounting & internal control systems safeguard clients in preparing adequate accounting information of the client’s operation or financial information.
International Management Reporting requires an advanced knowledge of International Financial Reporting Standards and the equivalent local GAAP. Highly familiar with these standards, our team is proficient in identifying potential issues at an early stage, keeping in mind also any limitations/specifics imposed by the law or regulatory controls. This allows for additional efficiency and transparency in the interpretation of local accounting records to build up management reports.
In assisting our clients plan for the future, Electus team carries out Financial Projections to allow the client a view of the business expected financial position. With the knowledge of industry wide practise and variance reporting, the team enables our clients to plan in advance through forecasting and budgeting which is essential in preparing capital and operating budgets, setting up management strategies and allocating funding.
By providing payroll solutions, this enables our clients to concentrate on their core business. Electus has invested in a number of recommended IT systems in conjunction with the ongoing provision of training opportunities for the team.
At Electus we provide the whole range of support services for companies registered in Cyprus, leveraging on the use of advanced accounting and management technology to deliver state-of-the-art corporate services to the local and international business community. We aim at delivering cost-effective accounts that enables clients in having a robust and well-organized accounting function, providing them ad-hoc information instantly and thus enabling them to focus on leading their business in the best manner possible.