Accounting for business analysts

Księgowość dla Business Analyst: Business Analyst (BA) to Accountingfor Business Analyst: A Business Analyst (BA) is a specialist responsible for analysing business processes, identifying business needs and translating business requirements into technical solutions. The BA’s role includes liaising with stakeholders, creating documentation and supporting project teams in the implementation of requirements.

Activities performed by the Business Analyst:

  • Business analysis: Perform business process analysis and identify areas for improvement.
  • Process modelling: Creating business process models using modelling tools.
  • Requirements gathering: Working with stakeholders to understand their needs and expectations.
  • Requirements translation: Translating business requirements into technical and functional requirements.
  • Documentation creation: Producing project documentation and requirements specifications.
  • Supporting project teams: Providing support to the development and testing teams in understanding the requirements and project objectives.

Specific accounting aspects for the Business Analyst:

  • Legal analysis of contracts: We employ a legal advisor in our office, which allows us to offer a comprehensive legal analysis of service contracts. This is crucial for Business Analysts, who often work on the basis of B2B contracts.
  • Tax optimisation: a Business Analyst can benefit from a preferential flat rate on income of 8.5%. According to an individual interpretation dated 27.12.2022 (number 0113-KDIPT2-1.4011.863.2022.2.KD), a Business Analyst engaged in business analysis, business process modelling and translation of business requirements into technical requirements can benefit from this rate.
  • Cost records: We keep accurate records of the costs associated with Business Analyst activities, including costs associated with the purchase of analytical tools and training.

Our strengths:

Experience: We have extensive experience in dealing with Business Analysts and IT companies, which allows us to support our clients effectively.

Knowledge of regulations: We are up to date with current tax and legal regulations, which guarantees professional advice and risk minimisation.

Multilingual team: we offer support in English, Russian and Ukrainian, which is particularly important for Business Analysts working with foreign clients.

Individual approach: We provide each client with an individual approach, tailored to their specific needs and requirements, which allows us to maximise available tax benefits and optimise costs.

Tax advice: as tax advisors, we are qualified to advise on the choice of the correct flat rate on income.

Our accounting office offers comprehensive accounting and advisory services to Business Analysts. Thanks to our experience and expertise, the Business Analyst can focus on analysing and modelling business processes, confident that their finances and contracts are in good hands.