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Accounting - A Safe Place In An Unsafe World!

Professionalism and experience.

We are a team of experienced accountants with years of proven expertise in the field of finance. We offer professional accounting services, tailored to the needs of your business, guaranteeing accuracy and full transparency in every financial aspect.

Individual approach.

We understand that every business is unique, so we offer personalized solutions that meet your specific requirements. Whether you are a small firm or a large corporation, we are here to help you optimize your financial management.

Modern technologies and innovations.

We use the latest accounting technologies and software solutions to ensure fast and efficient service. With our innovative tools, you will receive real-time financial reports and analysis, helping you to make informed decisions.

Frequently Asked Questions

What is accounting?
Accounting is the process of recording, summarizing, and analyzing the financial transactions of a business or organization. The goal is to provide accurate and up-to-date financial information to help in decision-making.
What is the difference between accounting and auditing?
Accounting involves the recording and processing of financial transactions, while auditing is the process of reviewing and verifying these transactions to confirm the accuracy and reliability of financial statements.
What are the main financial statements?
The main financial statements are:
Balance Sheet (shows the company's assets, liabilities, and equity)
Income Statement (shows the revenues and expenses for a given period)
Cash Flow Statement (tracks the movement of cash)
Statement of Changes in Equity (shows changes in the company's equity).
What is depreciation and why is it important?
Depreciation is the process of gradually reducing the value of long-term assets over time. It is important because it reflects the wear and tear or obsolescence of assets and has a direct impact on the company’s financial results.
What is VAT and how is it calculated?
VAT (Value Added Tax) is an indirect tax levied on goods and services. It is calculated as a percentage of the final price of the product or service. In Bulgaria, the standard VAT rate is 20%, with reduced rates for some categories of goods and services.