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Moore Stephens Revizija i Racunovodstvo d.o.o. is an audit, accounting, tax and consulting firm which have been working as a full range service provider since establishment in 1994. We speak to Director / Managing Partner, Bogoljub Aleksić as we aim to find out more about the firm and its overall mission.

Since 2008, Moore Stephens has been a member of Moore Stephens International, a leading worldwide network of independent auditing, accounting and consulting firms, located in 112 countries, with more than 30,000 employees, and fee income of 2.9 billion US$.

The network enables the firm to meet its clients’ international objectives, giving its professionals the chance to gain international training and expertise facilitated through its membership of the network. As such, the firm occupies one of the top six positions (second biggest after the big four) in the Serbian market.

Throughout the company, the team consists of more than 50 specialists within different areas, including auditors, accountants, tax consultants and financial specialists, trained to provide services in Serbian (Croatian/Bosnian/Montenegrin) and English. Maintaining a global presence, Moore Stephens R&R head-office is in Belgrade and branch offices are located in the three biggest towns in Serbia: Novi Sad, Nis and Zrenjanin.

Boasting a wealth of experience, the firm’s corporate advisory team has participated in M&A of a lot of firms, including some of the largest construction and telecommunications companies in Serbia and Bosnia, all of whom do due diligence work, data room analyses and business valuations.

Typically, the clients of Moore Stephens R&R are local and international individual firms and groups, SMS’s and large companies, family businesses and listed companies. Our reference client list includes more than 300 clients from various sectors: manufacturing, construction, retail, real estate, agriculture, energy, public sector, as well as financial services providers, among which are several leading world-wide companies.

Building an excellent reputation within the industry, the firm believes that the best way to attract and retain clients is by delivering high-quality services in all areas of the business. Bogoljub comments on the importance of satisfying clients and exceeding their expectations.

“By investing time in developing strong relationships and gaining an in-depth understanding of our clients, we deliver efficient, perceptive and valuable services, with the aim of not only reacting quickly, but also of offering challenging advice. We are small enough to provide a genuinely personal service, yet large enough to offer a broad range of specialist advice.”

Specialising in providing audit and assurance service, Moore Stephens R&R follows important guidelines principles in terms of independence and objectivity. Bogoljub explains how the team operates when working with a new client and undertaking a new client.  

“Essentially, our approach is to tailor our services to meet our clients’ individual needs and concerns. This enables us to focus on the key business risks and their impact on our clients’ financial statements. Whatever the requirements, we design our audit and assurance services to maximise the value we can add, whether in the form of checks on specific aspects of the business or advice on systems of internal control and procedures. We see annual audits as a positive opportunity for our clients as an aid to future management decision making.

“Many of our clients require reporting specific to their parent companies, in which case we are experienced enough to adapt our work with their system and to cooperate with the parent company auditor. Audits of projects with EU and UN funding, other assurance and similar services (including agreed-upon procedures) are our areas of special expertise.”

Aiming to assist all clients in maintain all tax records properly, Moore Stephens R&R additionally helps to set up the business structure in a tax optimised way. Bogoljub mentions what other services the team offer with regard to helping clients.

“With the aim of helping our clients to set up their business structure in a tax optimised way in a continually changing tax world, our tax team provides the following services: preparation of various types of tax returns, tax consultancy including avoiding of double taxation and transfer pricing, as well as tax optimisation and planning.”

“In regard to accounting, our accounting services include: financial accounting in accordance with National GAAP and IFRS, payroll accounting, financial and tax reporting, accounting advice and consultations, review of accounting system and development of accounting manual and policies.”

Overall, there is a bright future ahead for Moore Stephens R&R, as the team continues to lend its expertise to clients whose expectations are constantly being exceeded, and the company is continuing to establish itself as a leader within the area of Serbia.