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Financial Reporting

Financial Reporting

Good Financial Planning requires skills, time and effort, Then It’s Your Business.

Financial accounting – is the analytical and synthetic accounting of data on the basis of primary accounting documents on financial and economic operations for the purpose of collecting, registering and summarizing information on assets, liabilities, capital, income and expenses of accounting subjects, as well as preparing financial, tax and other reports.

According to the law of the Republic of Azerbaijan on Accounting, the accounting standards applicable in the Republic of Azerbaijan are the International Financial Reporting Standards.

“Alliance Tax & Finance” provides financial accounting services based on IFRS such as :

  1. Establishment, restoration and maintenance of accounting;
  2. Balance reports;
  3. Profit and loss reports;
  4. Cash flow reports;
  5. Reports on equity changes.