Our clients are mostly mid-size Hungarian companies with both Hungarian and foreign ownership, for whom an audit means much more than merely a formality. Our company provides not only an ongoing relationship and communication with our clients, but also tries to give solutions for business issues and focuses on reducing business risks taking into account the different aspects of a problem (such as: accounting, tax, financial, management etc.)

Audit and Assurance

  • Statutory audit of Hungarian financial statements
  • Audit of consolidated financial statements
  • Audit/review of IFRS financial statements
  • Audit/review of reporting packages of Hungarian subsidiaries for group consolidation
  • Audit of mergers, de-mergers, other transformations
  • Audit of contribution in kind
  • Audit/review of other kinds of financial information (interim balance sheet, currency-swap etc.)

Tax and accounting consulting, financial due diligence

  • Ongoing consulting regarding tax and accounting issues
  • Providing options/solutions for special tax and accounting questions
  • Risk assessment of tax and accounting issues
  • Preparation/Review of tax returns
  • Tax planning
  • Preparation/Review of transfer price documentation required by law

Support of Hungarian administration for foreign entities

  • Registration for tax ID in Hungary
  • APreparation of tax returns
  • Tracing and reviewing the tax accounts
  • Representation at the tax authorities
  • Representation at tax examinations
  • Communication with the tax office and other authorities
  • Tax consulting, newsletters about the law changes
  • Communication with the Hungarian customers/suppliers of the client
  • Billing and invoicing according to the Hungarian regulations

Accounting, payroll

  • Complete accounting and payroll services
  • Preparation of tax returns, tax representation
  • Tracing and reviewing the tax accounts, tax planning
  • Representation at tax examinations
  • Communication with the tax office and other authorities
  • Preparation of Monthly/Quarterly management reports in line with the management requests
  • Preparation of the statutory financial statements in accordance with the Hungarian accounting standards
  • Preparation of consolidation package in accordance with the group accounting policy