Over many years of working with universities we have learnt a lot and can help our clients with everything from audits and financial reporting to internal control system development and corporate governance issues. We can also advise you on tax risk assessment and optimisig on opportunities to reduce tax costs.
There are 16 state universities and 41 commercials operating in Armenia. Irrespective of in which sector your education entity operates, we can help you with establishing separate accounting systems for government funding and own funds, development of internal control systems ensuring revenue completeness, as well as advisory on Armenian labor legislation (prolonged annual leave, wages and salaries etc.).