Education & Academies

A & C CHRISTOFI Ltd. is a service-based company located in Cyprus, offering professional accounting and bookkeeping services in the Education sector.

Education is one of society’s most vital industries, enriching the lives of children to grant them a successful future. Like any industry, however, maintaining profits or gains is paramount to ensuring the survival of the industry and managing the financial and accounting aspects is a complex process that must be handled accurately.

A & C CHRISTOFI Ltd. brings decades of experience as well as a deep-seated understanding that the Education industry varies a great deal from other industries. It requires regular financial attention to maintain viability and our firm is fully equipped to help you increase your bottom line.

Educational institutions, including colleges and universities, face many challenges as they find themselves confronted by a fragile economic environment. These challenges include constricted budgets, decreasing donor contributions, declining enrollment due to increasing competition, and the inability to raise tuition in line with increasing costs. These financial challenges are forcing educational institutions to implement unexpected changes in their strategic and financial plans.

A & C CHRISTOFI Ltd. provides exceptional service that aligns with the evolving needs and concerns of its clients by staying ahead of changing regulatory and tax compliance rules. Our experienced team will provide you the long-term solutions you need to ensure the future of your educational institution. We provide timely advice and best practices on accounting, internal controls, grant and federal funding compliance, and tax-related matters. We are passionate about serving public and private institutions of higher education and have extensive experience in providing the following services:

  • Accounting software recommendations
  • Audits – including retirement plans
  • Creating financial statements and balance sheets
  • Budget preparation
  • Bookkeeping services that cover stock books register, salary and wage register, and annual statements
  • Network design and development – Virtualization of networks, storage, servers, applications, system infrastructure, desktops, and more
  • Benchmarking and dashboards
  • Budgets and cash flow projections
  • Business and strategic planning
  • Payroll
  • Preparing a precise collection of month-end accounts
  • Financial Accounting

A & C CHRISTOFI Ltd handles clients of various industries, and the Education industry is just one of our niches. We have in-depth knowledge of the workings of the industry, and the many factors that relate to it. We offer Accounting Services for Education Industry clients, providing them with a complete package – from registering students after enrollment, to maintaining their payables, cost per student, and marginal cost of new students. We manage all accounting on behalf of our clients so that they can focus on their core work. A & C CHRISTOFI offers you the data you need to improve the function of every aspect of your educational institution and help you make proactive decisions to maximize profits.

For more information and to set up a no-obligation discussion, please contact us at info@acc-cy.com or call us on +357 25 332 177

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