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…
Career Opportunity On behalf of a client, a diversified group of companies, we seek to recruit a Junior Accountant for their offices in Larnaca. Duties & Responsibilities Having overall responsibility for the smooth operation of the group of companies accounting department Meet ad-hoc request for financial information Preparing monthly management reports Preparation of VAT/VIES returns…
A business perspective on Europe’s growing water dependency For years, executives have worried about energy prices. Today, they may need to start worrying about something even more fundamental: water. The current drought affecting Europe’s major rivers is often described as an environmental issue. But the business implications tell a different story. Low water levels…
As the governor of the Bank of England, Andrew Bailey, claims AI is likely to displace people from jobs in a similar way seen during the Industrial Revolution, we ask the question ‘will AI play a major role in solving the world’s climate and nature crises, and if so, how?’ The answer to the first…
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…
As geopolitical tensions reshape economies and governments compete for investment, one message came through clearly at MHA’s International Tax Summit: international tax reform is not going away, but its direction is changing. Hosted in London, the event brought together senior tax leaders, multinational businesses and specialists from across the Baker Tilly International network to discuss…
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…
Incorporating a so-called start-up entity does not necessarily mean that the company operates within the technology sector. Start-ups today are increasingly established as vehicles to promote innovative ideas capable of influencing a wide range of industries and sectors. The shipping industry, one of the most traditional and established industries globally, is progressively embracing innovation through…
Emeritus Professor Joe Nellis is Head of Economic Research at MHA, the accountancy and advisory firm. Inflation in the Eurozone has edged higher again, rising from 2.9% in July to 3.3% in August. This is a cause for concern – reinforcing worries that price pressures are proving more stubborn than policymakers would like and raising…