Financial Accounting for Businesses

Alpha Accounting offers professional accounting services and solutions in the field of financial accounting in Yerevan, ensuring transparency in all financial processes within your company.

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How We Can Help

Our team provides clients with a comprehensive range of services within financial accounting, catering to the needs of any business. We are ready to assist you with:

Conducting financial accounting for companies of various sizes;
Auditing operations and preparing financial statements according to international and Armenian accounting standards;
Consulting on optimizing financial processes to reduce potential costs;
Preparing reporting documentation for submission to relevant supervisory authorities;
Automating financial accounting systems to accelerate processes and eliminate errors caused by human factors.

Financial Accounting Process for Businesses

1. Gathering information on income, expenses, assets, liabilities, and other financial operations in your company
2. Collecting primary documents and determining the type for each financial operation
3. Recording data in accounting registers
4. Preparing financial statements in compliance with the requirements of specific supervisory bodies
5. Analyzing data and closing the reporting period. We can also assist with financial planning for more effective future operations
You are good to go!

Why Choose Us

Qualification and expert training of all specialists in accounting standards
Individual approach to each client — we consider all nuances of your business to prepare personalized solutions
Regular support and consultation on all accounting matters
Strict adherence to Armenian legislation
Complete confidentiality and protection of clients’ financial data

Entrust the financial and accounting management of your company to professionals.

Benefits of International Financial Accounting

Attracting foreign investors
Adapting your business to international standards and requirements
Simplifying work with foreign partners
Opening opportunities to participate in international tenders
Effective tax planning in a global context
Reducing financial risks for your company associated with entering the international market

Entrust the financial and accounting management of your company to professionals.

FAQ

1. What does financial reporting include?
Financial reporting includes information about your company’s current balance, profit and loss, and cash flow.
2. How often should financial reports be submitted?
Financial reports are typically submitted to supervisory authorities quarterly or annually.
3. Who is responsible for the accuracy of financial reports?
If you collaborate with us, we take full responsibility for ensuring the compliance of all financial reports prepared by our specialists.

Contact us!

Learn how Alpha Accounting experts can help optimize your business. Contact us today with any questions or to arrange financial accounting services to make your business even more successful.

3 Types of Tax Regimes in Armenia

Below are the tax regimes in force in the Republic of Armenia.

Microentrepreneurship
Turnover cap
Up to 24 million AMD (~60 thousand $)
Suitable for
- Small family businesses
- Self-employed people
- Small retail
Activity restrictions
- Consulting companies
- IT companies
- Wholesale
Turnover tax
Turnover cap
Up to 115 million AMD (~290 thousand $)
Suitable for
- Small IT companies
- Consulting companies, e.g. lawyers, accountants
- Trade
- Small production
Activity restrictions
- Banks
- Audit companies
- Exchange offices
General system of taxation
Turnover cap
No cap
Suitable for
All activities

Our Services

Payroll Management

Accurate payroll management is essential for maintaining business stability and ensuring employee satisfaction. At Alpha Accounting, we specialize in calculating and processing salaries for your employees, utilizing advanced payroll software to guarantee precision.

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