Compliance Review- Cyprus Investment Firms Compliance Review- Cyprus Investment Firms Kyriakos Tramountanellis x / Friday, August 12, 2022 0 115 Article rating: No rating Our observations/comments during the review of some of our clients Compliance Reviews taken place in 2022 Read more
New Audit Requirements New Audit Requirements Kyriakos Tramountanellis x / Wednesday, August 10, 2022 0 179 Article rating: No rating Read more
Διευρυνσή πλαισίου για την προσέλκυση εταιρειών στην Κύπρο. Διευρυνσή πλαισίου για την προσέλκυση εταιρειών στην Κύπρο. Kyriakos Tramountanellis x / Friday, August 5, 2022 0 95 Article rating: No rating Με 50 ψήφους ψηφίστικαν τα νέα μέτρα που έχουν ως σκοπό τη προσέλκυση εταιρειών στη Κύπρο. Read more
Introducing ICARA - New Cysec Requirement for Cyprus Investment Firms Introducing ICARA - New Cysec Requirement for Cyprus Investment Firms Kyriakos Tramountanellis x / Friday, August 5, 2022 0 212 Article rating: No rating The Article is written for the Cyprus Invesment Firms, is the Cysec Requirement for the Internal Capital Adequancy Review assesment. Read more
Director Responsibilities & Misconceptions Director Responsibilities & Misconceptions Kyriakos Tramountanellis x / Thursday, August 4, 2022 0 100 Article rating: No rating The article intends to provide knowledge to the average reader in a summarised and simplified manner regarding the Company's Director's responsibilities. Read more
EXISTING CLIENT NOT HAVING EXPENSE INVOICES Share Written By CYAUSE LTD Tags accountant enquiryaccounting information missingbookkeeping evidencecyprus companyinaccurate recordsincomplete accounting recordsincomplete recordsinvoicesmissing book keepingmissing evidencemissing invoicespoor accounting 2024-04-01 Hi CYAUSE, Hope you are doing well! This week I am travelling to XXXX for a filming trip. I will need to withdraw cash to pay my guide and for other miscellaneous expenses. As xxxx is one of the poorest countries in the world, paying with card won't be possible for majority of purchases so I will need to be using cash and acquiring receipts will also be impossible mostly due to the infrastructure of the country. What do you think the best way to manage this for accounting purposes? Thank you, ---------------------------------- Dear Mr. XXX, Following your email please be informed that you can withdraw the amount you need but please make sure that you will keep every receipt/ invoice which you will have to send me in order to include them in the books. Thank you in advance, ------------------------------------ Hi CYAUSE, Thank you for your email. It is likely that I won't be able to get receipts for most transactions the cash is used for due to the reasons I mentioned in the previous email. Will this cause a problem? Thank you, ---------------------------- Dear Mr. XXX, You can keep notes if possible which you will have to send me via email (e.g. MZN - XXXX metical equals 100 on 03/06/2023 for transportation). I hope the above helps.