Business Monitoring Services
"The modern accounting department for your business"
The current business requirements tend to go beyond the traditional operation of the accounting department.
The modern accounting department is a key tool of management, providing information through financial reports which help administrative decision-making and valid strategy planning.
For us, the key objective is the secure, smooth functioning of your business and the maximization of its value. Our fundamental principle is professionalism, respect and safeguarding the confidentiality of our clients’ data.
Crowe Greece offers your business a set of specialized accounting services that, in addition to the usual needs (bookkeeping, etc.), focus on critical areas that cover:
Our Services
Accounting
Organization and supervision of accounting departments.Computerized bookkeeping of class C books and records at our Registered office or at our clients’ offices.Development, implementation of and keeping analytical accounts.
Organization of the businesses for the transition to myDATA electronic platform.
Computerized payroll services, as well as consulting services on labour issues.
Preparation and submission of statements to the State and the insurance organizations.
Closure of financial year – preparation of financial statements.
Adoption of International Financial Reporting Standards – Greek Accounting Standards
myDATA Services
Analysis of the accounting system of the Company, on the transactions they update on myDATAUnderstanding and addressing the specific cases of each company, as regards their addressing in relation to the processes of updating myDATA Electronic Platform
Proper mapping of all the details of the transactions with the detailed registers of Independent Authority for Public Revenue (AADE), in order to produce the correct result.
Identification, analysis and dealing with discrepancies
Correlation of the details of the transactions with the preparation of the tax returns
Obtaining the desired result within the specific time frame for the update of the application
Implementation monitoring
Consultancy support at every stage of the implementation of the application
Cost accounting
Choice of cost accounting method proportionate to the activity, the size and the degree of organization of the Business.Reflection of the specifications and preparation of the production recipes of the products – services and allocation of the costs and the manufacturing overheads per product – service category.
Monitoring of the cost structure flow per product – service unit.
Organization of proper warehouse monitoring in order to have direct and accurate information on the level of stocks in raw materials and finished product.
Organization of inventories.
Control of discrepancies.
Recording of results and calculation of relevant indicators.
Administrative Reports & Budgets
Recording the key assumptions adopted by the Management, reflection of the existing budget model.Underscoring areas requiring attention, suggestions for improvement of the financial management.
Recording trends and seasonality.
Understanding the needs of the Management and the indicators of interest.
Development of a strategy to timely seize opportunities and avoid problems.
Producing financial reports and indicators
Monitoring and comparing ex-post and budgetary figures
Reporting results and indicators – proposals for improvement of areas of concern
Active involvement and support
Operating Cycle
Reflection of the existing liquidity situation, recording of the credit days to the core clients and main suppliers of the BusinessCalculation of the actual working capital.
Support in business decision-making on the amount of working capital, the liquidity and the development of new credit policy
Organization of warehouse monitoring – stock management
Calculation and monitoring of adjusted KPIs
Reports on results and discrepancies from predefined targets and relevant indicators
Ongoing support and advisory role as regards seizing new opportunities
Specialized Services
Accounting application of specific legal provisions.Application of legal provisions on wage issues.
Specific accounting issues of businesses – Audit of expenditure on the basis of the accounting and tax provisions
Preparation of financial due diligence reports
Calculation and monitoring of adjusted KPIs
Preparation of specific reports pursuant to the law (company liquidations – bankruptcies – mergers – conversions)
Ongoing support and advisory role as regards the establishment of new companies
