Accounting and reporting services in Italy

Our in-country team of experts helps you to keep control over your local obligations and stay compliant with a diverse range of regulations, standards and reporting requirements applicable in Italy. With the help of our highly qualified and experienced accountants and tax consultants we also assist you in setting up local and international reporting and improve the financial management function of your company.

Our professional services combined with an advanced cloud technology help you to streamline, simplify and automate your accounting and reporting processes, in order to gain efficiencies and improve control of your financial operations in Italy. Take well-informed business decisions by getting better oversight and more accurate reporting.

Our local teams in Italy consist of accountants and tax advisors, that are ready to act as an integral part of your internal finance department providing all range support and required expertise, experience, functionality and benefits of an inhouse team.

Our bookkeeping, accounting, reporting and tax advisory services in Italy can cover:

• Bookkeeping of all primary documents in compliance with statutory requirements
• Maintenance of the statutory accounting general and subsidiary ledgers
• Accounts Payable and Accounts Receivable management services
• Cash management services and bank payment administration
• Inventory management services, administration of fixed asset, leases and loans
• Stock management and related tax consultancy services
• Monthly closing of accounts, statutory reports on profit and loss, balance sheet, cash flow
• Preparation of all required statutory reporting and submission to local authorities
• Tailored reports for your local and international management
• Consolidated reporting, reconciliation between statutory and management reports
• Reports preparation upon local GAAP and international IFRS/US GAAP standards
• VAT compliance services, VAT returns and consultancy, VAT registrations
• Any other tax consultancy related to local taxes and real estate taxes
• Preparation and filing of the annual financial statements (AFS)
• Preparation and filing of the corporate income tax return (CIT)
• Assistance during internal and external audits
• Representation during inspections and tax controls
• Representation in communication with the Italian Tax Office and all statutory authorities

Accounting portal

Our Accounting online portal can be utilized to streamline, simplify, automate and digitalize your accounting and reporting processes, in order to gain better control and oversight, increase transparency over documents and workflows, go fully digital and reduce paperwork and related errors  – and manage tasks in a user-friendly and secure cloud environment. The portal has been designed in a way, that it can become a single interface to your accounting: thanks to a direct integration with your ERP system. It can provide you with immediate updates and reports about the financial status of your company.

By using our Accounting portal, you can:

• Simplify, streamline and digitalize your accounting processes and workflows
• Manage all your accounting operations paperless
• Administrate your Accounts Payables more effectively
• Connect the portal directly to your accounting and ERP software
• Keep track with the data about the financial status in real-time

Accounting consultancy

We are ready to use our experience and best practices that fit the Italian market to assist you with reliable accounting consultancy and tailored solutions covering also more specific and complex areas, such as:

• Accounting and financial processes review and optimization
• Accounting control systems and procedures set up and optimization
• Fast clean-up services and general ledger accounts reconciliation
• Accounting and financial due diligence services and consultancy
• Design and consultancy for international IFRS and US GAAP reporting
• Roll-out, localization and optimization of accounting and ERP solutions

Our services allow you the access to our highly qualified and experienced local team of accountants and tax consultants – meaning that all your operations meet the statutory and your specific requirements and you can shift your focus towards more strategic tasks of the financial management of your business operations in Italy.