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Accounting services

 

Trust Audit also offers accounting services helping clients optimize the performance of important, but non-core business functions. We provide the qualified staff, technology resources and best practice business processes in areas such as accounting services, human resources and tax management. In addition, we offer outsourcing advisory services that help our clients effect significant change at reduced cost and risk.

Trust Audit accounting advisory professionals have a deep knowledge in the emerging accounting rules and regulatory climate and extensive experience with clients in industries and sectors of all kinds.

We apply a disciplined, consistent methodology which enables us to maintain our focus on helping you manage change, safeguard compliance, and optimize the quality and efficiency of your accounting function, no matter where or how you do business. Here are a few of the services we can help you with:

  • Embedding new standards and processes
  • Standardizing your IFRS conversion and integrating your reporting
  • Updating your accounting tools and function
  • Supporting with recurring accounting and reporting compliance
  • Board reporting and internal controls
  • Remediating any issues identified

We believe that our focus on dialogue and interaction with our clients is key—and that significant value can arise from unique, real-world solutions that meet your unique needs.

We help organizations to work smarter and achieve their goals more efficiently and quickly.

We consult with our clients to build effective organizations, innovate and grow, reduce costs, manage risk and regulation.

Our aim is to support you in designing, managing and executing long-lasting beneficial operations.

Depending on the circumstances Trust Audit also implements the following services:

  • Planning and calculation of taxes, duties and other mandatory payments
  • Development of accounting policy
  • Implementation of accounting software, training and after sales support
  • Business plan development
  • Preparation of financial statements
  • Analysis of financial activities
  • Advocacy of organization during tax revision
  • Professional expertise on accounting, auditing, finances, economics, taxes, duties and other mandatory payments related issues

Certificate

Duuring September-October 2013 the Association of Accountants and Auditors of Armenia(AAAA) implemented the monitoring of audit quality (MAQ) for audit companies,according to the principles and procedures defined by the Board of AAAA. The mainpurpose of MAQ is to raise the quality of audit in the Republic of Armenia and to increasetrust among the wide range of community.
A number of audit companies acting in the Republic of Armenia took part in the MAQvoluntarily, which was performed by the Inspection group, chosen by AAAA. TheInternational Federation of Accountants (IFAC) appointed an international expert PaulHarrison (United Kingdom) as a Head of the Group, who is a skilled auditor and has anexperience of performing such kind of tasks in various countries.
Trust Audit CJSC also took part in the monitoring of audit quality and received acertificate with positive assessment, showing the efficiency of Company’s internalcontrol system and high quality of provided services.

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Specific legislation

  • RA law on Audit Activity
  • RA law on Accounting
  • RA Law on combating money laundering and terrorism financing

Standards

  • International standards on auditing and quality control
  • International financial reporting Standards (IFRSs)
  • International accounting standards
  • Interpretations developed by the international Financial reporting Interpretations committee (IFRIC)

Tax legislation

  • RA law on Taxes
  • RA law on VAT
  • RA law on Profit Tax
  • RA law on Income Tax
  • RA law on Excise Tax
© 2023 TRUST AUDIT CJSC.
All rights reserved.

Contact Us Tel: +(374) 10 51-61-11, Mobile: +(374) 96 52-50-84, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
321 office, 8 street Tumanyan, 0001 Yerevan, RA