EXTERNAL INDEPENDENT AUDITING
audit and attestation of annual financial statements;
internal auditing of financial statements upon agreed procedures' engagement;
limited review of financial statements and due diligence;
other auditing services. ACCOUNTING
current accounting reporting on a contractual basis;
preparation of financial statements and annual financial statements according to the Bulgarian Accounting Standards and the International Accounting Standards;
consolidated financial statements prepared according to group policies;
establishment and review of accounting and internal control systems and accounting policy;
training of accounting personnel.
surveillance and review of the accounting department and its interdependence with other departments;
identification of gaps and omissions in the motion of documents and the processing of the information and the reports to the management;
design of procedures and rules for reporting aimed at improved management control;
monitoring and control of designed corrections;
current consulting of bookkeeping and accounting personnel;
issuing assessment reports to the management, related to the company's control system.
analysis of the financial position, the revenues and expenditures, the long term assets, the receivables and liabilities, the indebtedness and equity structure;
assessment for efficiency;
budgeting, financial forecast and planning;
analysis and assessment of risks;
financial analysis and assessment of investment projects.
maintenance of personnel files and payroll services and files data processing;
structuring of labor departments and servicing social security requirements;
support in establishment safety labor regulations and assessment of risks.
mergers and acquisitions;
disposal of assets and liabilities;
corporate and personal tax planning;
application of International Accounting Standards;
design of internal control systems;
legal accounting;
assessment of accounting systems to improve efficiency, effectiveness and safeguard of assets;
credit reviews and preparation of loan applications;
social security and pension law advisory services, including pension funds;
import and export procedures consulting;
financial advice;
credit reviews and preparation of business plans;
valuation of companies and business projects.
holding of training workshops on the application of the International Accounting Standards;
holding of training workshops on current accounting and tax issues.
audit and attestation of annual financial statements;
internal auditing of financial statements upon agreed procedures' engagement;
limited review of financial statements and due diligence;
other auditing services. ACCOUNTING
current accounting reporting on a contractual basis;
preparation of financial statements and annual financial statements according to the Bulgarian Accounting Standards and the International Accounting Standards;
consolidated financial statements prepared according to group policies;
establishment and review of accounting and internal control systems and accounting policy;
training of accounting personnel.
FINANCIAL AND ACCOUNTING MONITORING
surveillance and review of the accounting department and its interdependence with other departments;
identification of gaps and omissions in the motion of documents and the processing of the information and the reports to the management;
design of procedures and rules for reporting aimed at improved management control;
monitoring and control of designed corrections;
current consulting of bookkeeping and accounting personnel;
issuing assessment reports to the management, related to the company's control system.
FINANCIAL ADVISORY
analysis of the financial position, the revenues and expenditures, the long term assets, the receivables and liabilities, the indebtedness and equity structure;
assessment for efficiency;
budgeting, financial forecast and planning;
analysis and assessment of risks;
financial analysis and assessment of investment projects.
LABOR ADVISORY
maintenance of personnel files and payroll services and files data processing;
structuring of labor departments and servicing social security requirements;
support in establishment safety labor regulations and assessment of risks.
CONSULTING
mergers and acquisitions;
disposal of assets and liabilities;
corporate and personal tax planning;
application of International Accounting Standards;
design of internal control systems;
legal accounting;
assessment of accounting systems to improve efficiency, effectiveness and safeguard of assets;
credit reviews and preparation of loan applications;
social security and pension law advisory services, including pension funds;
import and export procedures consulting;
financial advice;
credit reviews and preparation of business plans;
valuation of companies and business projects.
TRAINING
holding of training workshops on the application of the International Accounting Standards;
holding of training workshops on current accounting and tax issues.
Bush and Fed Step Toward a Mortgage Rescue
The Bush administration and the Federal Reserve are inching closer toward a government rescue of distressed homeowners and mortgage lenders.
OPEC Agrees to Keep Output Steady
Ministers from the Organization of the Petroleum Exporting Countries said record high oil prices had been driven by a weak dollar, speculation and political strife, and not by a lack of crude.
Productivity Slower in 4th Quarter
Worker productivity slowed sharply and labor costs rose in the final three months of last year as the national economy lost momentum, the government reported.