Accountants Articles
Roles and Types of accountants Within Cyprus an individual is able to find many well-known firms as well as smaller individual firms that are able to provide accountancy services. However, people often are confused and struggle to understand what type of an accountant they need as they are unsure about each type’s responsibilities. .
VAT rules of Services in the EU as from 1 January 2010 1. INTRODUCTION As from 1 January 2010, new rules were introduced across the EU, affecting all business that trade internationally in services, whether as a supplier or purchaser, and whether externally or on an intra-group basis..
The Cyprus Parliament has recently performed new amendments to the Cypriot Taxation Laws that took an effect on the 1st of January in 2009. In particular, changes have been made to Income Tax Laws and the Apecial Contribution for Defence of the Repubic Law aiming to the improvement and the attractiveness for foreign investors to start their business in Cyprus with a legal framework for the creation and operation of Collective Investment Schemes in Cyprus.
Cyprus has earned its independents in 1961, after the United Kingdom has permitted it to isolate and construct a sovereign nation. Since then, Cyprus has become a well developed island, with a strong and stable economy, and become a member of the European Union on 1st of May in 2004, adopting the Euro as its national currency on the 1st of January in 2008.
Accounting Software for Your Business Accounting task within a company is to summarise, analyse and report financial data and information about the company. Accounting software aims to record and process all the accounting transactions of the business within its functional modules.
As accounting has been defined by the Professor William A Paton of the University of Michigan is one basic function of facilitating the administration of economic activity. Therefore, this function has two directly related phases; the first one is measuring and the collection of economic data; and the second one is the ability of communicating the finding results to the interested parties.