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Accounting Advisory Services

Your financial service will become more efficient

We will assist you in maximizing the effectiveness and efficiency of the accounting function.  We will share with you a wealth of audit experience in the sector in which your company operates.  We will offer expert and adequate solutions in new, non-standard and challenging situations as well as support when preparing financial statements from simply helping clients to get ready for an audit and undertaking the complete preparation of their accounts.

We can help to resolve more complex accounting problems

Every entity faces a financial reporting or accounting issues when preparing their financial reports. BDO’s professionals are experts in interpreting the requirements of both Latvian financial reporting standard or International Financial Reporting Standards (IFRS). We can advise you on the application and interpretation of accounting standards in the private and public sector and help to resolve more complex accounting problems.

With our advisory services, you can access:

  • accounting advice on the application of Latvian financial reporting standard or IFRS;
  • training on specific accounting matters;
  • development  of accounting and financial statement preparation standards 
  • development  of accounting policies, the chart of accounts and tables of accounting entries
  • accounting support of M&A transactions, IPOs, significant system changes and new products or business strategies.
  • multidisciplinary projects (harmonization with tax and management accounting).

Our technical experts invest heavily in remaining up to date with the application of accounting standards, allowing us to go beyond simply providing financial reporting advisory services.

In order to get detailed advice and clarify the cost of accounting advisory services, please send us a request.