Business Outsource


Bookkeeping and Management Accounts

How we can help you

Accounting outsourcing can be the solution for your business growth. Proceeding with accounting outsourcing can be the key to compliance with regulations and cost saving.

Our accounting services are suitable for businesses that wish to outsource the maintenance of accounting records, benefitting of in-house reduced costs and at the same time allowing you to dedicate your available time on higher added value activities. Outsourcing equals improvement, integration of reporting standards, control and ability to respond to increasing demands of the emerging market.


Benefits of outsourcing and diverse accountancy services:

Services Offered

We offer a wide spectrum of services based on your needs which can cover:

  • Maintenance of proper accounting records based on International Financial Reporting Standards (IFRSs) and submission to the financial authorities
  • Compliance and filling of VAT / VIES reports
  • Payroll services
  • Providing assistance for choosing best possible structure, identifying opportunities and designing solutions based on your business requirements
  • Minimizing business risks
  • Preparation of management reports, budgeting forecasts and future cashflows


The administration of an employer’s payroll does not get easier. We can assist through complexities and provide a fully supported service to cater for all client requirements.

The benefits include the following:

Why Us

Our Kreston ITH team comprises with dedicated and qualified accounting professionals who possess the knowledge, experience and integrity in order to provide innovative accounting and bookkeeping solutions to you. At the same time, we recognize the importance of confidentiality and act diligently, safeguarding any sensitive financial information.

By partnering with us, you will have a dedicated person that will maintain proper accounting records ensuring commitment to any arising tax management matters and complying to relevant statutory and tax deadlines.

You need to find the right person that will understand your needs. We here in Kreston ITH can offer high quality services and assist you in the best possible ways. Get in touch with us today in order to discuss further.

Having Questions or Need Assistance?
Get in Touch!

Who to Contact

Ioanna Theodoulou

Ioanna Theodoulou

Advisory and Business Outsource

Ioanna Theodoulou, is a BSc graduate from Kingston University and holds an MSc degree in Human Resources Management. She is also a member of the Association of Chartered Certified Accountants and a member of the Institute of Certified Public Accountants of Cyprus.
She joined the firm in 2008 working as an accountant during which she was widely exposed with working with both local and international clientele. Throughout her professional career she was also involved in a variety of both audit and non-audit engagements.

Today, her main focus in ITH is the setup and management of the firm’s HR Department. She has extensive experience in recruitment and dealing with various HR related tasks; including employee performance appraisals, HR strategy, payroll, training seminars and more.

Furthermore, during the last two years she has been a member of the firm’s compliance team and is in charge for the setup and implementation of the AML policies and procedures, installation of new AML software, input data and records update and dealing with general compliance inquiries.

During her free time, she enjoys spending time with her family. Additionally, she loves travelling, cooking and reading books whenever she can spare some time from her parenting duties.




Telephone: +357 22050505

Elena Tamana

Elena Tamana

Advisory and Business Outsource

Elena is one of the Managers of the Business Outsourced team at ITH. She studied Accounting and Finance as a Bachelor’s degree and continued her studies with Masters In Commercial Law.

Later on, Elena became a qualified member of the Association of Charted Certified Accountants and a member of the Institute of Certified Public Accountants of Cyprus.

Elena has over ten years of experience in accounting, statutory and regulatory audit services. Elena has considerable sector knowledge in retail and international engagements and works with a wide range of clients, from individuals and small businesses to multinationals. She utilizes her experience to assist clients navigate regulatory complexity and strengthen trust and transparency.

During her carrier, she acted also as an Audit Manager and she was responsible predominantly for the provision of audit services and business advisory, providing her clients the required advice and solution to help them to operate successfully in the business environment. She has experience in financial advisory services which include business plans, feasibility studies, independent business reviews and valuation services.

Currently she is acting as an Accounting Manager which includes gathering of information to fully understand her client’s business, internal controls and risk spectrum in order to help them meet the growing demand for enhanced disclosure and accountability. She ensures that each client’s accounting records are prepared based on the relevant accounting standards and ensures that the VAT/VIES reporting is submitted on time as per the relevant regulations.

Outside work, Elena’s absolute favorite is spending time with her family and making cakes. Loves travelling since she believes that travel is a go-to activity of choice and pleasurable thing to do in your free time.