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REFLECT FESTIVAL 2024

The #1 tech & business festival in Limassol

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On 30th and 31th of May our team had the opportunity to participate at the #1 tech & business festival in Limassol, known as "Reflect Festival"! 

What is the work of an accountant? Really? Because you all have it wrong!

The most common misconception about accountants is

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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.  

How to find a really good accountant for your business

Not all accounting, audit and tax firms are similar or good for you. Sometimes interpersonal skills also matter

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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: 

How we validate our Service Providers?

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: 

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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 A.C.C.A and I.C.A.E.W 

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

  • They meet fin hub's quality control procedures. 

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FinHub Cyprus

Empowering businesses, accountants, lawyers and tax experts across Cyprus

Phone: +357 25 080 495

Email: support@finhub.com.cy


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