Financial Statements Preparation in Cyprus

Every Cyprus company must prepare annual financial statements under International Financial Reporting Standards (IFRS) as adopted by the EU. Preparation is typically handled by the company's accountant based on the audited or reviewed trial balance. Most Cyprus accounting firms include financial statement preparation as part of their annual accounting service.

80 firms offering this

1 featured or network members

9 areas covered

IFRS financial statements

Cyprus companies must prepare financial statements comprising: statement of financial position (balance sheet), statement of comprehensive income (P&L), statement of changes in equity, statement of cash flows, and notes to the financial statements. Small companies can use simplified formats. All financial statements must be prepared under IFRS as adopted by the EU.

The financial statements are attached to the annual return (HE32) filed with the Registrar of Companies, and support the corporate tax computation submitted with the TD4 return.

Global network members

1 firms

Sotiris Anastasiou

Certified Public Accountant

at RSM Cyprus

📍 Paphos

Website 26811256 Email

Where these firms are located

9 areas

Firms offering Financial Statements Preparation have offices in these areas. Click through to see all accountants in that area.

Strovolos Nicosia · 15 with this speciality Nicosia Centre Nicosia · 14 with this speciality Limassol Centre Limassol · 11 with this speciality Aglantzia Nicosia · 10 with this speciality Paphos Centre Paphos · 7 with this speciality Larnaca Centre Larnaca · 7 with this speciality Agioi Omologites Nicosia · 3 with this speciality Latsia Nicosia · 2 with this speciality Agios Andreas Nicosia · 2 with this speciality

Frequently asked questions

Who prepares Cyprus financial statements?

Typically the company's bookkeeper or accountant prepares draft financial statements from the trial balance. If audited, the auditor may assist with technical accounting matters but must maintain independence — the statements are the company's responsibility.