Advisory Services

Kreston Ioannou & Theodoulou provides the full spectrum of advisory services that will enable our clients to solve business problems and add value to their business.

Our dedicate team and associates with years of experience in a wide range of industries, bring a hands on approach and work in partnership with our clients to achieve the required results.

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Business Consulting

Today’s demanding and complex business environment puts pressure on organizations to rethink their strategy, redefine their business model, close their capabilities gap and utilise technology as a business enabler to improve their performance and better serve their clients. We help our clients address these challenges by realizing business transformation focusing on key areas such as:

Risk and Compliance Advisory

Through our Risk and Compliance Advisory we help organisations understand the risks they face and minimize such risks through the effective implementation of risk management and compliance programmes. More specifically our services include the following:

Financial Advisory

Our Financial advisory services help unlock and preserve value in mergers and acquisitions, restructuring underperforming businesses and disputes. Our range of specialised services in areas of corporate and business finance include:

Who to Contact

Theodoros Theodoulou

Theodoros Theodoulou

Audit & Advisory

Theo is a director in the Audit and Advisory department of Ioannou & Theodoulou Ltd and he is also a non executive board member of the Cyprus Securities and Exchange Commission (CySEC) as well as the president of the Audit Committee of CySEC. He obtained his undergraduate at the Nottingham Business School in the degree of Finance, Accounting and Management and then joined Moore Stephens LLP (London) and became a qualified member of the ICAEW in November 2013. During his career in Moore Stephens he specialised in niche industries mainly focusing on shipping. Theo was also involved with the technical department of Moore Stephens offering training to newly joined trainees.

The audit portfolio Theo is dealing with currently at ITH involves a variety of industries from local SMEs to international Group of companies both on stand-alone and consolidated level audits.

In terms of advisory he has been involved in financial due diligence for mergers and acquisitions, advising clients with regards to cash flow budgets/forecasts and performing limited scope reviews on financial information for debt restructurings/new loan requirements of companies. He is also involved in projects for identifying operational processes inefficiencies and recommending necessary improvements. Furthermore  Theo is an expert in the UEFA/FIFA financial fair play and is also an excellent user of the SAP online portal system of UEFA offering advisory services to one of the biggest football clubs in Cyprus.

His technical experience at ITH includes the introduction and development of the audit methodology of the firm (CCH Audit Automation), ensuring compliance with the ICPAC cold reviews.

Outside of work, Theo is a passionate cook and loves travelling to experience new cultures and cuisines.



Telephone: +357 22050630

Polina Antoniou

Polina Antoniou


Polina Antoniou is the Managing Director of Wizberry Consulting Ltd responsible for the development and provision of Consulting services in the areas of Strategy, Operational effectiveness, Business Transformation, Organisational design, Risk Management and Internal Audit.

Polina has more than 20 years of consulting experience working at one of the big four firms where she had the position of Director for the last six years until April 2020.

Her experience spans across various industries, in areas such as, Governance, Strategic realignment, Business Transformation, Organisational and Operating Model design, Finance Function effectiveness, Process Reengineering, Documentation of Procedures, Performance Management, Internal Audit and Internal Controls.

She has worked with clients operating in various industries including government, shipping, construction, manufacturing, retail, education, hospitality insurance, financial services, in Cyprus, Germany, Greece, Asia and the UK. In leading such consulting projects, Polina is engaged in project management, change management (stakeholder management, communication strategy etc.) activities, interviews with management and staff, workshop facilitation, research and benchmarking etc.

Polina holds a Bachelor degree in Civil Engineering from Queen Mary University (London University), a Masters degree in Construction Economics and Management from UCL (London University) and an MBA from Henley Management College. Polina is also a Certified Internal Auditor (CIA) and a US Certified Public Accountant (CPA) and she is a member of  of the Institute of Certified Public Accountants of Cyprus (ICPAC).

For the last 10 years she has been a member of the Board of the Cyprus Institute of Internal Auditors and she has presented in conferences and coordinated conferences and panel discussions.