Statutory audits and assurance reviews that give stakeholders confidence in your numbers. We tailor this service to forex brokers, CIFs, payment and trading firms, who face specific issues such as capital adequacy under ifr/ifd, client-money reconciliations, cysec prudential returns. We work alongside the Cyprus Securities and Exchange Commission (CySEC), Cyprus Tax Department, Central Bank of Cyprus so your filings are accurate and on time.
What's included
- Statutory audit preparation
- Internal control reviews
- Agreed-upon procedures
- Due diligence support
Why forex brokers, CIFs, payment and trading firms choose us
- Specialist support with capital adequacy under ifr/ifd
- Specialist support with client-money reconciliations
- Specialist support with cysec prudential returns
- Specialist support with introducing-broker payments
- Specialist support with transfer pricing across groups
Challenges you face, solutions we provide
Challenge: Capital adequacy under IFR/IFD
Our solution: Monthly IFR/IFD monitoring against minimum, fixed-overheads and K-factor requirements
Challenge: Client-money reconciliations
Our solution: Daily client-money reconciliations and the annual safeguarding audit
Challenge: CySEC prudential returns
Our solution: Every CySEC prudential and statistical return filed on time
Challenge: Introducing-broker payments
Our solution: IB and affiliate contracts, VAT treatment and KYC kept clean
Challenge: Transfer pricing across groups
Our solution: Transfer-pricing documentation and benchmarking for the whole group
Frequently asked questions
- Do you offer audit & assurance for forex brokers, CIFs, payment and trading firms?
- Yes. Tsquared delivers audit & assurance specifically for forex brokers, CIFs, payment and trading firms across Cyprus, on a clear fixed-fee basis.
- Is an audit mandatory in Cyprus?
- Yes. Cyprus limited companies, including dormant ones in most cases, must have their annual financial statements audited.
Related guides
← All Forex Brokers & CIFs resources · Audit & Assurance overview