Financial Services

The banking sector, which plays a significant role in the KKTC economy and is rapidly developing, sees banks that effectively analyze financial risks and successfully implement robust financial structures emerging as industry leaders. At ADANIR, we offer independent audit services to banks, providing timely and applicable solutions backed by our collective expertise and experienced personnel. Our core services in the sector include: Independent External Audit, Tax Audit and Consultancy, Process and Performance Analyses, Financial Advisory and Consulting, International and Local Public Offerings, support for IFRS and EU Accounting Standards, seminars and training, Company Valuations, Mergers and Acquisitions, Due Diligence, Corporate Governance, and Internal Audit.

With the evolving global and local regulations, we are witnessing significant changes and advancements in the insurance sector both domestically and abroad. The combination of ADANIR's international experience and strong local application expertise translates into professional services that add value for our clients. We help you develop strategic and performance-oriented business models to fulfill your obligations in auditing, taxation, consultancy, reporting, risk management, and information technologies. Our core services include: Independent External Audit, Tax Audit and Consultancy, Process and Performance Analyses, Financial Advisory and Consulting, International and Local Public Offerings, support for IFRS and EU Accounting Standards, seminars and training, Company Valuations, Mergers and Acquisitions, Due Diligence, Corporate Governance, and Internal Audit.

The Leasing, Factoring, and Financial Services sector is among those with rapid growth potential in the KKTC. With our expert team, we provide accurate information quickly and reliably. We aim to identify compliance issues promptly and ensure full compliance with regulations. Leasing, in its broadest sense, involves obtaining the right to use an asset for a specified period without acquiring ownership. In broader terms, it is a financing tool that allows the lessee to use an investment asset while ownership remains with the financial leasing company, with an option to purchase at the end of the lease term. Factoring, on the other hand, is a financial activity where companies with substantial credit sales sell their receivables to financial institutions known as factors. A factoring agreement allows the factor to undertake various functions, including bookkeeping for credit sales, collecting receivables, covering losses from uncollected receivables, providing credit based on sales, gathering financial information about customers, and conducting market research to enhance sales opportunities. Our core services in this sector include: Independent External Audit, Tax Audit and Consultancy, Process and Performance Analyses, Financial Advisory and Consulting, International and Local Public Offerings, support for IFRS and EU Accounting Standards, seminars and training, Company Valuations, Mergers and Acquisitions, Due Diligence, Corporate Governance, and Internal Audit.