Our services
Accounting services:
Daily operational accounting activities of production, construction, trade, transport, agriculture, cooperatives, tourism, non-profit organizations, business services, patent activities and more. Accountancy of projects under funded by european and bulgarian programs. Preparing and submission of VAT records and returns, making tax and accounting depreciation plan, receipt and processing of bank documents on the Internet, Print chronicled by folders and accounts, preparation of monthly and annual trial balance, preparation of Annual tax declaration – VAT, CIT, PITA, LTFA and others., charging of taxes in accordance with the statements, preparation of annual financial statements, consolidated financial statements, statistical reports.
Payroll:
Review and processing employment records, preparation of contracts, additional agreements, orders for termination of employment contracts, benefits and payroll., Preparation of personal files of staff processing patient’s charts, updated codes of posts and codes of NSSI update of service and classes, preparation and submission of letters and notices to NIA and NSSI, preparation of documents for retirement, preparing the payroll to pay salaries in cash and in bank, opening a checking accounts to pay staff salaries through bank time (debit cards) and file preparation for service branch, preparation of all types of memorandums and reports for work and wages, preparation of reports, used to credit institutions and banks reporting on statistics.
Making all kinds of payment orders:
To pay due taxes to the budget, direct debit, credit transfer order – suppliers, lease payments, slips and more.
Full subscription service at reasonable prices:
Включително: седмично посещение при клиента на място за получаване на документи,за консултации, анализи и др.; Представяне пред НАП, НОИ, НСИ и други институции.
Analysis:
The financial result – monthly and annual analysis of accounts in batches and counterparties analysis of VAT records and returns.
Tax protection:
Full tax audits by CIT and VAT, cross-checks, audits by NOI
Our services in the field of Independent Financial Audit
Annual reports:
Balkan Audit Ltd. offers audit, in accordance with the Accountancy Act and the Independent Financial Audit Act in the Republic of Bulgaria, of interim and annual financial statements.
Consolidated accounts:
According to the Accountancy Act, the consolidated financial statements of parent enterprises are subject to a statutory independent financial audit. It is obligatory to audit and all included in consolidations
- Advice from an independent auditor in cases related to national legislation of Accounting and independent financial audit.
- Consultations on the implementation of national and international accounting standards, international auditing standards and others.
- Consultations related to accounting for projects of European and Bulgarian programs.
Criteria for auditing AFS:
Regardless of the criteria, each company may audit its accounts, at the request of management, in order to verify the financial information contained in the reports to third parties.
Audit of projects or agreed procedures under European and national programs are carried out at the request of the funding institution.
1.medium-sized and large enterprises;
2. public-interest enterprises;
3. medium and large groups and groups in which there is at least one public-interest enterprise;
4. enterprises for which this requirement is established by law.
5. subsidiaries the accounts of which are included in the consolidated accounts of the parent undertaking.
a) book value of the assets – BGN 2 000 000;
b) net sales revenue – BGN 4 000 000
c) average number of staff for the reporting period – 50 people;
The annual financial statements of non-profit legal entities designated for carrying out socially useful activities shall be subject to statutory independent financial audit by registered auditors, where for the current year they exceed one of the following indicators:
1. book value of the assets as at 31 December – BGN 1 000 000;
2. the amount of the net income from economic and non-profit activity for the current year –
BGN 2 000 000;
3. total amount of the financing received during the current year and unused as at 31 December of the current year, received in previous reporting periods – BGN 1 000 000.
(5) The annual financial statements of the non-profit legal entities designated for carrying out socially useful activity and carrying out activity under Art. 116 of the Family Code.
(1) A person who is obliged and does not assign an independent financial audit to a registered auditor shall be punished by a fine in the amount of BGN 500 to 5,000, and the enterprise shall be imposed a property sanction in the amount of BGN 2,000 to BGN 10,000.
(2) In case of repeated violation under para. 1 shall be imposed fine or pecuniary sanction in double amount.