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Services

Financial Reporting & Assurance

At LCK, we provide comprehensive financial reporting and assurance services to help businesses meet stakeholder expectations, comply with regulations, and optimise performance. Our tailored approach ensures that your financial information is accurate, transparent, and aligned with the latest standards.

Financial Advisory

Financial Statement Audit

​We ensure the accuracy and completeness of your financial statements, offering assurance to stakeholders and meeting regulatory requirements. Our audit services include statutory and IFRS audits, control effectiveness assessments, and expert advice on complex transactions.
 

  • Completeness, accuracy and fair presentation of information in your financial statements and disclosures to meet stakeholders’ expectations 

  • Confidence in your company, its performance and business plans 

  • Up to date with the fast-evolving corporate reporting environment 

  • Insights that can help address present and future challenges 

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Methodology - understanding your business and its risks, the industry operating in and the latest regulatory standards: - Address regulatory reporting requirements - Advise on controls  - Advise on various accounting treatments for complex transactions - Advice on IFRS Reporting considerations - Statutory and IFRS audits - Compilation and review of engagements - Assurance on non-financial information - Accounting advice - Agreed upon procedures - Assessment of Control Effectiveness

Corporate Reporting

From revenue recognition to leasing to the new standards on financial instruments, we speak the global financial reporting language.

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New accounting standards have been finalised by the International Accounting Standards Board for:  

  • Strategic Business and Tourist Hub
    Cyprus is an established business hub & a popular tourist destination making the island a strategic location between three continents.
  • Favorable Tax Regime
    Cyprus maintains a statutory corporate tax rate of 12.5% - several exceptions exist on foreign-sourced dividends and disposal of shares and qualifying titles, as well as no Withholding Tax on payments made abroad.
  • Extensive Double Taxation Agreements
    Double taxation agreements with over 60 countries, including the UK.
  • Key Economic Sectors
    Key sectors include shipping, tourism, hydrocarbons, and financial services.
  • Attractive Investment Environment
    Combination of professional people, business infrastructure and availability of investment opportunities continue to make it an attractive business hub in the region.

Our services offering: 

  • Perform an initial assessment of highlighting the differences between current requirements and the new reporting framework 

  • Quantify the impact 

  • Provide tax assurance services on the changes and impact 

  • Conclude on how the new standards will affect your financial statements  

LCK Offices Cyprus

Assurance Controls

​We help businesses identify risks and improve their control systems to meet stakeholder needs and ensure regulatory compliance.

 

  • We help entities obtain comfort and assurance on their customers and suppliers’ needs 

  • We prepare reports on which regulators and other stakeholders can rely on

  • We can help you identify weaknesses and risks in your management and control systems and provide feasible value-adding solutions to move your business forward

Accounting & Financial Reporting

From the management of your company to the preparation of financial detailed reports, we offer tailor-made solutions and services to match our client’s needs. 

 

Our team will invest time to understand your business so we can plan ahead and assist your business flourish. 

 

Our services include: 

  • Strategic Business and Tourist Hub
    Cyprus is an established business hub & a popular tourist destination making the island a strategic location between three continents.
  • Favorable Tax Regime
    Cyprus maintains a statutory corporate tax rate of 12.5% - several exceptions exist on foreign-sourced dividends and disposal of shares and qualifying titles, as well as no Withholding Tax on payments made abroad.
  • Extensive Double Taxation Agreements
    Double taxation agreements with over 60 countries, including the UK.
  • Key Economic Sectors
    Key sectors include shipping, tourism, hydrocarbons, and financial services.
  • Attractive Investment Environment
    Combination of professional people, business infrastructure and availability of investment opportunities continue to make it an attractive business hub in the region.
Building Images LCK Financial Services
LCK Financial Services

Automation Services

Technology is rapidly evolving and so is your business. 

From customer experience to upskilling to digital strategy, we speak the transformation language. 

 

Our service offering: â€‹

Our team of experts helps clients change their organisational mindset and reimagine their analytics capabilities while delivering desired business objectives. 

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This in turns translates to: 

  • Revenue growth 

  • Cost reduction and better cost management 

  • Calculated and targeted risk management 

  • Creating a competitive advantage for your business 

Systems Implementation Assurance

Enhancing your internal control environment to more effectively and efficiently meet your 

operational, regulatory and financial reporting requirements.

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  • Identifying your business benefits and assisting in realising them for value creation 

  • Ensuring that your systems and controls provide confidence that projects are within budget, meet deadlines while being of the highest quality. 

LCK at work
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Request a free consultation

Our dedicated team is committed to providing you with the support you need.

We look forward to hearing from you and we guarantee a response within 24 hours.

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