Full-Cycle Accounting Services

Grant Thornton provides full-cycle accounting services to businesses of all sizes across a wide range of industries, tailoring the scope of services to each client’s specific needs while ensuring compliance with applicable laws and regulations.

Our specialists manage the entire accounting process, from processing source documents, payroll calculations and tax accounting to preparing financial statements, submitting statutory reports and producing management reports.

Working closely with our tax and legal advisers, we offer an integrated approach that helps businesses manage their financial processes efficiently, mitigate risks and provide management with reliable financial information.

Full-Cycle Accounting Services:

• Full-cycle accounting and bookkeeping
• Processing and recording accounting source documents
• Accounts receivable and accounts payable management
• Recording and reconciliation of bank transactions
• Fixed asset and inventory accounting
• Payroll processing and personnel administration
• Tax calculations and preparation of tax returns
• VAT accounting and preparation of VAT returns
• Monthly and year-end closing procedures
• Preparation of annual reports and financial statements
• Preparation of management reports and financial analyses
• Liaison with the State Revenue Service and other public authorities
• Streamlining and improving accounting processes
• Advisory services on accounting and financial reporting matters
• Support with the application of International Financial Reporting Standards (IFRS)
• Full or partial outsourcing of the accounting function