Cyprus Online
Speciality · 150 professionals

Financial Statements 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.

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.

Firms specialising in Financial Statements

10 firms

Multi-practitioner firms with documented practice in Financial Statements, ranked by claim status, listing completeness, and client rating.

P. Constantinou is a certified public accounting and audit firm based in Limassol, Cyprus. They offer a full range of professional services including audit, tax, corporate services, and business advisory. The firm is a member of The Financial Group International and leverages an international network of associates.

The Financial Group International ★★★★★ 5.0 (44)
📍CORNER TYRANOCTONON & CHHARALAMBOU FTEROUDI 1 AGIOS ATHANASIOS, 4104, LIMASSOL
4 practitioners at The Financial Group
Constantinos Loizou Certified Public Accountant
Constantinos Mouzouros Certified Public Accountant
Panayiotis Constantinou Certified Public Accountant
Stelios Constantinou Certified Public Accountant

A&C Christofi Ltd is a Cyprus-based firm of Certified Chartered Accountants and Registered Auditors, providing accounting, audit, tax, payroll, business advisory, and other professional services to SMEs and individuals. With over 17 years of experience, they emphasize human-centered advisory and technology-enabled efficiency.

★★★★★ 5.0 (21)
📍NIKODEMOU MYLONA 7 STROVOLOS, 2035, NICOSIA
4 practitioners at A & C Christofi
Froso Christofi Certified Public Accountant
Kyriacos Christou Certified Public Accountant
Marios Christophi Certified Public Accountant
Andreas Christophi Certified Public Accountant

M.T. Michaelides Co Ltd is a Cyprus-based firm of chartered certified accountants offering audit, accounting, tax, and business advisory services. It is a member of INTEGRA International since 2004, providing international reach.

INTEGRA International ★★★★★ 5.0 (3)
📍ARCH. MAKARIOU III & IOANNI POLEMI 133A MAKARIOU, 3021, LIMASSOL
3 practitioners at INTEGRA International
Andreas Michaelides Certified Public Accountant
Marios Michaelides Certified Public Accountant
Michael A. Michaelides Certified Public Accountant

Joannides + Co Ltd is a leading Cypriot firm of accountants and management consultants with over 45 years of experience. They provide audit, tax, business support, fund administration, and management consulting to international companies and private clients. The firm has offices in Nicosia, Limassol, and Larnaca and is a member of AGN International.

AGN International Ltd ★★★★★ 5.0 (1)
📍AGIOU PROKOPIOU 13 EGKOMI, 2406, NICOSIA
2 practitioners at AGN International
Alexis Joannides Certified Public Accountant
Andri Antoniou Certified Public Accountant

Anthimos Leonidou & Partners Ltd is an independent firm based in Limassol, Cyprus, established in 1987. It provides a wide range of financial services including accounting, audit, taxation, and consulting to individuals and corporate clients locally and internationally. The firm has 45 professionals and is a member of ICPAC and ACCA.

★★★★★ 5.0 (1)
📍NICOU PATTICHI 26 AGIOS GEORGIOS, 3071, LIMASSOL

Reanda Cyprus is a professional services firm offering corporate, accounting, and international tax services. They help clients navigate the complexities of international business with services including audit, tax, corporate finance, immigration, and compliance. They are part of the Reanda International network, originally founded by a top-tier Chinese firm in 1993.

Reanda International
📍ARCHANGELOS AVENUE 48 ENGOMI, 2404, NICOSIA

PEK Ltd is a Cyprus-based professional services firm offering auditing, taxation, bookkeeping, corporate services, consulting, shipping, and yacht registration. The firm emphasizes quality and client trust, with a specialized team operating in an internationally oriented environment.

📍DEMOSTHENI SEVERI 17 AGIOI OMOLOGITES, 1082, NICOSIA

Baker Tilly South East Europe provides assurance, tax, advisory, and specialist consulting services across Cyprus, Greece, Bulgaria, Romania, and Moldova. The firm emphasizes a people-first approach and aims to help clients grow by anticipating future challenges. It is a member of Baker Tilly International.

Baker Tilly International
📍CORNER C. HATZOPOULOU & GRIVA DIGENI AVENUE 30 NICOSIA, 1066, NICOSIA
3 practitioners at Baker Tilly Cyprus
Andreas Pittakas Certified Public Accountant
Andreas Sofroniou Certified Public Accountant
Angelo Achilleos Certified Public Accountant

AGBS Group is a boutique professional services firm in Cyprus with over 40 years of experience. It offers audit, accounting, taxation, VAT, corporate services, business consultancy, and fiduciary services to local and international clients across various industries.

📍P.O.Box 25366, 1309 Lefkosia, Lefkosia

PKF Cyprus is one of the largest accounting firms in Cyprus, operating from offices in Limassol and Nicosia with over 100 staff. They offer audit, taxation, business solutions, and corporate finance services, specializing in structuring multinational companies and serving a diverse range of industries. The firm is a member of the PKF International network and holds quality-checked accreditation from ICPAC and ACCA.

PKF International
📍ARCH. MAKARIOU AVENUE III 229, 3105, LIMASSOL

Independent specialists

113

🎯 Firms are ranked by claim status, listing completeness, and client ratings. Firms that have claimed their listing and provided detailed information rank higher. Claim your firm's listing →

Where these firms are located

12 areas

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

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.

Related services

Big 4 offering this service

3