Accounting
The biggest business line of WTS Klient Hungary
Accounting has been a cornerstone of our services since WTS Klient Hungary was established in 1998. Many of our international clients have entrusted us with their complete bookkeeping and related accounting tasks ever since – that is, for more than 25 years. A significant portion of our 110 accounting staff, who communicate fluently in both English and German, are not only economists and chartered accountant but also hold qualifications as IFRS-certified chartered accountants and tax advisers. Around 34% of WTS Klient Hungary’s total turnover comes from the accounting business line. As a result, according to the latest Book of Lists published by the Budapest Business Journal, WTS Klient Hungary ranks as the second-largest accounting firm in Hungary based on revenue from accounting services (excluding the Big Four).
The tasks of our accounting business line include the following:
- bookkeeping according to Hungarian and international regulations
- preparation of VAT returns
- management accounting
- preparation of annual financial statements
- preparation of annual tax returns
- assistance with the annual audit
Our accounting services
Hungarian and international accounting expertise, all in one place
The principal objective of our accounting service is to ensure that our international clients receive the same accounting information on their Hungarian affiliates that they would expect from their subsidiaries operating in the parent company’s country.
Related professional support within WTS
Our experience in dealing with the differences between international and Hungarian taxation, financial-statement preparation and valuation regulations, combined with the professional support of WTS Global, ensures that our clients are able to make correct business decisions on the basis of the financial reports we prepare.
Regular consultations with our legal, payroll, financial management and tax business lines ensure that we obtain the correct answers to any professional questions that may arise in the course of our accounting work. Together with the financial reports we prepare, our clients receive comprehensive professional support, eliminating the need to involve any other external experts.
Please feel free to contact us and request a proposal!
Szabolcs Szeles
Senior Partner
Financial management | Accounting | Digital solutions