We will help you enhance the efficiency of your accounting function by leveraging our extensive industry experience.

Our experts provide tailored solutions for new, non-standard, and complex situations, as well as support in preparing financial statements—from assisting with audit readiness to delivering fully prepared financial reports.

When preparing financial statements, nearly every company encounters accounting or reporting challenges. That is why BDO experts, who interpret both Latvian financial reporting standards and International Financial Reporting Standards (IFRS), offer guidance on the application and interpretation of accounting standards in both the private and public sectors, and can help resolve even the most complex accounting issues.

Our accounting advisory services include:

• Advice on the application of local and international accounting standards
• Training on various accounting topics
• Development of accounting and financial reporting frameworks
• Preparation of accounting policies and charts of accounts
• Accounting support in M&A transactions, IPO processes, major system changes, and shifts in product or service strategies
• Multidisciplinary solutions, such as alignment of tax and management accounting, and more

BDO consultants continuously invest time in keeping up to date with developments, trends, and changes related to the application of accounting standards, enabling us to provide more than just financial reporting advice.

To receive a tailored service proposal, please contact us.