“We’ve sold almost every apartment, so why haven’t our profits increased?” This is one of the most common questions property developers ask when reviewing their financial statements. Imagine a developer who has pre-sold 80% of a new residential project. Buyers have paid substantial deposits, banks are satisfied with the pre-sales, and construction is progressing according…
The Republic of Moldova is going through one of the most transformative periods in its recent economic history. With the opening, in June 2026, of the first cluster of negotiations (“Fundamentals”) in the process of accession to the European Union, and with the declared objective of opening all negotiating clusters by the end of the…
From record-keeper to architect of value: the skills that will matter most in the era of agentic AI For decades, a company’s finance function has been synonymous with rigor, control, and a backward-looking gaze: month-end closings, reconciliations, reports that confirm what has already happened. The chief financial officer was, in essence, the guardian of the…
According to a report published by the Cyprus Securities and Exchange Commission (CySEC) earlier this month, total assets under management in the Cyprus fund industry stood at €11.2 billion in Q4 2025, down 1.97% quarter-on-quarter. Despite this modest contraction, the composition of the market points to the continued dominance of alternative investment structures and a…
The tax authorities have issued guidance on compliance obligations under the Global Minimum Tax framework, as implemented through Law 151(I)/2024, covering multinational and large domestic groups for financial years beginning between 31 December 2023 and 31 December 2024. The tax authorities confirm that a Group of Multinational Enterprises (MNEs) that falls within the scope of…
Craig McSherry, Partner at MHA, the UK member firm of the global Baker Tilly accountancy and consulting network discusses the key points of the Bank of England/Prudential Regulation Authority supervision priorities for International Banks in 2026: The PRA’s 2026 priorities for international banks and investment firms are designed to ensure safety and soundness amidst an…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors, operating in Cyprus, Bulgaria, Romania, Moldova and Greece. Country offices are independent member firms of Baker Tilly International; one of the top 10 largest networks in the sector. We are committed to delivering exceptional professional…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors, operating in Cyprus, Bulgaria, Romania, Moldova and Greece. Country offices are independent member firms of Baker Tilly International; one of the Top 10 largest networks of the sector. A blend of young graduates and mature…
Real people, Real stories – A Baker Tilly podcast