Accounting

Accounting management is the accounting services we provide that assist in making business decisions, preparing sets of financial statements in accordance with the company’s chosen accounting standards (GAAP or IFRS), ensuring compliance with the requirements of supervisory authorities, or preparing other necessary reports.

At RSM, payroll accounting means high-quality services backed by many years of experience working with both large companies and businesses with just a single employee. We offer services tailored to your company’s chosen remuneration system, aligned with efficient work results and ensuring timely information.

Preparation of annual financial statements includes services relating to the compilation of the financial statements in accordance with accounting standards (BAS or IFRS) chosen by the company, to ensure appropriate disclosure of data for the financial year. As needed, we prepare financial, management and statistical reports for the month, quarter or another chosen period.

The compilation of tax returns includes our services that enable you to sleep peacefully, as you’ll have confidence that your company’s taxes are being managed by professionals in their field who are able to adequately respond to the constantly changing legislative tax base.

The Chief Accountant service encompasses financial planning, financial risk management, cash flow management, preparation of financial statements, and other services that fall under the competence of a financial manager.

In practice, smaller companies often find that hiring a full-time financial manager is not cost-effective, while this service provides the necessary expertise at optimal cost.

These are our professionals’ consultations on all accounting matters relevant to your company.

Integration with the client’s accounting system is a service that helps to significantly reduce human resource costs and focus on performing value-creating work and providing consultations. This service is an expression of our constant focus on work efficiency. We evaluate the possibilities of system integration or process automation with each client, and we work closely with the suppliers of the accounting programs we use, who are able to promptly and optimally implement the necessary system solutions and improvements.

Accounting for projects financed by EU funds is an accounting service required to obtain support from the European Union (EU) or from national funding institutions. RSM in Lithuania experts have accumulated extensive experience in accounting for EU funds and other subsidies. Our employees constantly accumulate and update their knowledge in the field of accounting for funding programs in order to offer high-quality and efficiently provided services.