In real estate development, success is often associated with location, design and timing. These factors matter. But they are no longer enough. Having worked with developers, contractors, investors and lenders across the construction and real estate sector for many years, it’s evident that the projects which perform best are not always the most ambitious or…
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…
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…
Inventory is often one of the most significant assets on a company’s balance sheet, therefore is one of the most critical areas to audit. Inventory costing determines how the cost of goods sold (COGS) and ending inventory is calculated. The choice of inventory costing method—whether First-In, First-Out (FIFO), Last-In, First-Out (LIFO), or Weighted Average Cost—can…
Under the Corporate Sustainability Reporting Directive (CSRD), listed companies with more than 500 employees are required to report on their ESG impacts, risks, opportunities, policies, and performance starting from the 2024 financial year. The ‘first wave’ of reporters includes shipping companies from across the EU, who revealed how sustainability shapes the sector. We analyzed the…
After years of working alongside healthcare providers and medical groups, one reality stands out, IFRS 9 is rarely as straightforward in practice as it appears in theory. What is often viewed as a standard credit risk exercise quickly becomes more complex once it is applied to the day-to-day dynamics of the healthcare sector. Unlike many…
Savvas Klitou, Regional Managing Partner and Head of Tax Services at Baker Tilly, analyses the weaknesses exposed by recent crises, the strategic challenges beyond 2025, and the new directions required for the Professional Services sector to achieve sustainable growth. FIVEFOLD RESILIENCE WITH AN EMPHASIS ON STRUCTURAL CHANGE Climate change is increasingly burdening the global…
Do you want to work for an employer who really listens to your ideas and provides a framework where you can effect positive change? Do you want the complexity of work, but still maintain some work-life balance? Do you crave challenging projects to get your teeth into? A sensible approach to agile working? Or maybe,…