Every company registered in Cyprus must have its annual financial statements audited. ATB Advisors carries out statutory audits for Cyprus companies from our office in Larnaca, so your audited accounts are ready for your corporate tax return and the Registrar of Companies on time.

What our audit service includes

  • Statutory audit of annual financial statements under International Financial Reporting Standards (IFRS) as adopted by the EU and the Cyprus Companies Law, Cap. 113
  • Preparation of the financial statements, if you need it
  • Audit of group companies and consolidated financial statements
  • A management letter with practical recommendations on your controls and processes
  • Special-purpose audits and agreed-upon procedures for banks, investors and regulators

How it works

  1. Introductory call: we learn about your business and send you a quote.
  2. Planning: we assess the main risks and send you a clear list of the documents we need.
  3. Fieldwork: we test your records, at your premises or remotely.
  4. Reporting: we discuss any findings with you before the audit report is signed.
  5. Filing: we help you file the audited accounts with your tax return and the Registrar of Companies.

Why choose ATB Advisors for your audit

  • Audit, tax and VAT under one roof, so nothing falls between different advisors
  • One point of contact from planning to sign-off
  • A local Larnaca team working with companies across Cyprus and international groups
  • Clear communication and realistic timetables agreed at the start

Frequently asked questions

Does every Cyprus company need an audit?

Yes. Cyprus company law requires every company, including small companies, to have its annual financial statements audited. The audited accounts are also needed for the corporate tax return.

How much does a statutory audit cost?

It depends on the size and complexity of your company and the state of its records. We give you a quote before we start, so you know the cost in advance.

What documents will you need?

Typically bank statements, sales and purchase invoices, the general ledger or accounting records, loan and other agreements, and last year’s audited accounts. We send a tailored list at the planning stage.

Can you audit a company whose books are kept by someone else?

Yes. We regularly audit companies that keep their own books or use an outside bookkeeper.

When are the filing deadlines?

See our indicative Cyprus tax calendar for the current filing and payment dates.

Talk to our team

Call us on +357 24 817333, email info@atb.com.cy or send us a message. Our office is at Marinos Court, 81 Griva Digeni Avenue, Larnaca. We work with businesses across Cyprus and abroad.

Related services: Tax Advisory & Tax Returns · VAT Services · Bookkeeping