Professional Services are of a very high standard in Cyprus, with a considerable English influence. Many Cypriot lawyers are members of the United Kingdom Inns of Court or graduates of British Universities and are well versed in the developments of international commercial law.
The standards of the accountancy profession are extremely high, since the majority of its members are qualified Chartered or Certified Accountants of the UK or Certified Public Accountants of the USA, and are strictly adhered to International Accounting Standards and International Standards on Auditing.
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(updated 1st quarter 2006)
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