KPMG Cyprus

KPMG in Cyprus, as a member firm of the global KPMG organization, offers a comprehensive suite of professional services to help businesses navigate complex challenges, seize opportunities, and achieve sustainable growth. Their work can be broadly categorized into three core service lines: Audit & Assurance, Tax, and Advisory, with a dedicated focus on Enterprise clients (entrepreneurs, family businesses, and fast-growing companies). They also have a specialized Law practice. Here's a detailed breakdown of the work they do: I. Audit & Assurance KPMG's Audit & Assurance services are foundational to their practice, aimed at providing independent, high-quality financial statement audits and other assurance services. The goal is to enhance the reliability of information used by investors and capital markets, fostering trust and providing valuable insights into a business. Key aspects include: Financial Statement Audits: Performing audits of statutory annual financial statements based on International Financial Reporting Standards (IFRS) as adopted by the European Union, ensuring compliance with applicable laws and local reporting requirements. Regulatory Reporting: Assisting clients with compliant reporting and other regulatory reporting, such as reviewing half-yearly reports as required by regulatory authorities. Audit Data & Analytics: Leveraging advanced technologies and data analytics to transform the audit process, enhancing efficiency, quality, and the depth of insight...