Accounting services in the Czech Republic

As the world becomes increasingly regulated, the pressure on your finance department grows. How do you ensure your compliance requirements are in hand?

What risk management strategies do you have in place?


By trusting your finance and accountancy services to a truly independent third party with global reach, you can help mitigate these risks and deal with the challenges more efficiently – and ensure your management time and resources are focused on both your core business and your growth strategy.

Everyone's accounting needs are different; that’s the very nature of business. But regulatory requirements are immovable. We work with every company individually to provide a flexible and scalable solution that meets bespoke needs.

In the Czech Republic, TMF Group can help you with:

  • Statutory bookkeeping: maintaining your books and records in accordance with local rules and directives, and preparing and filing all required reports and specifications, i.e. the annual financial statements, the annual related party report and the annual report. The bookkeeping can be maintained using our accounting software or yours, from our office or at your premises, as per your preferences and requirements.
  • International management reporting: tailored to your individual requirements in terms of formatting, currency, language, frequency and accounting standards (including IFRS/IAS, US GAAP, UK GAAP, and any other GAAP).
  • Consolidated reporting: monthly, quarterly and yearly assistance in preparing output accounting reports and accounting reconciliation, including the reconciliation between statutory and (company or group) management reports.
  • Specific projects: reorganising accounting systems, assisting with the implementation (localisation) of accounting software packages and establishing accounting control procedures.
  • Administrative support: assistance with the preparation of your payment orders, the issuing of your customers’ invoices, and the archiving of your accounting documentation, as well as with the preparation of statistical reports required by the local statistical office.

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