Privacy Policy
Note: This Privacy Policy is also available in Greek on the Greek-language pages of this website. In case of any discrepancy or ambiguity between the two versions, the English version shall prevail.
Welcome to the Privacy Policy of the website of Accounting Lab Institute(https://accountinglab.com.cy/)! This policy explains how we collect, use, and protect your personal data when you interact with our website. We are committed to protecting your privacy and handling your personal data with transparency, security, and in accordance with theGeneral Data Protection Regulation (EU) 2016/679 (GDPR) and the Cypriot Law on the Protection of Natural Persons with Regard to the Processing of Personal Data and on the Free Movement of Such Data (Law 125(I)/2018).By using our website, you agree to the practices described in this policy.
About Accounting Lab Institute:The website is operated and maintained by Accounting Lab Institute, a private education and training provider registered under Financial Training L.A.B. LTD, based in Cyprus. The website provides general information about our academic programs, publications, philosophy, and announcements. It does not include e-commerce features, contact forms, or online registrations.
1. What Data Is Collected
1.1. Cookies & Usage Data
We collect limited technical data through cookies and similar technologies, including device type, browser type, visited pages, and user interaction patterns. These data help us understand how users interact with our website and improve its performance and content.
Please refer to Section 6 (Cookies and Tracking Technologies) for detailed information on cookie categories used and how to manage your preferences
1.2. User-Submitted Data
At this stage, our website does not include contact or registration forms, and we do not collect personal data directly from visitors
2. Data Controller
The Data Controller for this website is:
Financial Training L.A.B. LTD,72 (Office 202) 28th October Avenue, Engomi 2414, Nicosia, Cyprus | Email:info@accountinglab.com.cy | Phone: +357 7000 8889
2.1 Legal Basis for Processing
We process personal data based on the following legal grounds:
- Consent: When you provide clear consent (e.g. via cookie acceptance).
- Legal Obligation: When processing is necessary to comply with a legal obligation.
- Legitimate Interest: When processing is necessary for our legitimate interests (e.g., secure and functional website operation), provided that such interests do not override your rights and freedoms.
2.2 Inquiries
For any inquiries regarding data protection, you may contact Accounting Lab Institute (Financial Training L.A.B. LTD) atinfo@accountinglab.com.cy. You may also reach out to the Office of the Commissioner for Personal Data Protection in Cyprus atcommissioner@dataprotection.gov.cy.
3. How We Use Your Data
The data collected automatically (such as cookies and usage data) is used for the following purposes:
- Ensuring the secure and efficient operation of the website
- Analyzing website traffic and improving user experience
- Storing user preferences (e.g., language settings), with user consent
Purpose of Collection: Personal data is collected and processed solely to support website functionality, maintain security, and improve accessibility and performance.
4. How We Protect Your Data
We take appropriate technical and organizational measures to protect the personal data processed via our website. These include secure servers, encryption technologies, access controls, and periodic security reviews.
5. Your Rights
As a user of our website, you have the following rights under theGeneral Data Protection Regulation (GDPR):
- Right to Access (Article 15): You have the right to request access to the personal data we hold about you, including any data collected via cookies or usage data.
- Right to Rectification (Article 16): You can request the correction of any inaccurate or incomplete personal data that we hold about you.
- Right to Erasure (Article 17): You have the right to request the deletion of your personal data, provided that the data is no longer necessary for the purposes for which it was collected, or if you withdraw your consent (where applicable).
- Right to Restriction of Processing (Article 18): You can request that we restrict the processing of your personal data under certain conditions, such as if you contest the accuracy of the data or if the processing is unlawful.
- Right to Data Portability (Article 20): You have the right to request a copy of your personal data in a structured, commonly used, and machine-readable format, and to transmit that data to another data controller.
- Right to Object (Article 21): You can object to the processing of your personal data at any time, including the use of cookies or other tracking technologies.
If you wish to exercise any of these rights, please contact us atinfo@accountinglab.com.cy. We will respond to your request in accordance with GDPR requirements and applicable legislation, typically within one month.
6. Cookies and Tracking Technologies
Our website uses cookies and similar tracking technologies to enhance your browsing experience, analyze site traffic, and provide you with personalized content. Cookies are small text files stored on your device when you visit our website.
We use both essential and non-essential cookies:
- Necessary Cookies (Always active): Required for basic site functionality such as secure login, navigation, or saving your consent preferences. These cookies do not store personally identifiable information.
- Functional Cookies: Enable specific features like content sharing, media playback, or third-party tools.
- Analytical Cookies: Help us understand how visitors interact with the site (e.g., page visits, bounce rates).
- Performance Cookies: Measure loading speeds and responsiveness to optimize user experience.
- Advertisement Cookies: Deliver personalized ads based on prior browsing activity and help assess campaign effectiveness.
- Social Media Cookies: Allow content sharing and integration with social media platforms, and may track your interaction with embedded content.
Additional cookie categories may be used depending on the services integrated at any given time. All non-essential cookies are only activated with your explicit consent.
You can manage your cookie preferences at any time by clicking the cookie settings icon or tab visible on the screen (e.g., footer or popup). Each category includes a short explanation of its purpose.
Νote:Essential cookies are required for the website to function properly. If you do not wish to accept even these, you may choose to discontinue your visit to the website.
7. Third-Party Services
Our website may include links to external websites or third-party services, such as social media platforms or plugins. We are not responsible for the privacy practices or content of those websites and encourage you to review their privacy policies before engaging with them.
8. Personal Data and Retention
8.1 Sensitive Data
We do not collect or process any special categories of personal data (such as health or religious information). We advise users not to submit such information via any communication channels.
8.2 Data Sharing
We do not share your personal data with third parties for marketing or commercial purposes. However, limited data may be shared with trusted service providers (processors), solely for operational reasons such as website hosting, maintenance, or technical support. These third parties act on our behalf and are bound by data protection agreements compliant with the GDPR.
We do not sell or rent any personal data under any circumstances.
8.3 Data Retention
We retain personal data only as long as necessary for the purposes for which they were collected, unless a longer retention period is required by law. When data are no longer needed, they are securely deleted or anonymized.Data retention practices are reviewed periodically to ensure ongoing compliance with the General Data Protection Regulation (GDPR).
8.4 Automated Decision Processing
We do not engage in automated decision-making or profiling through the website. No decisions are made about users based solely on automated processing that produces legal effects or similarly significant impacts.
9. Incident Response Policy
In the event of a personal data breach, we will promptly assess the situation and implement appropriate technical and organizational measures without undue delay.
If the breach is likely to result in a risk to the rights and freedoms of natural persons, we will notify the relevant Data Protection Authority within 72 hours, in accordance withArticle 33 of the General Data Protection Regulation (GDPR).
If the breach is likely to result in a high risk to the rights and freedoms of individuals, we will also inform affected data subjects without undue delay, in accordance withArticle 34GDPR.
Notifications will include:
- A description of the nature of the breach
- The categories and approximate number of data subjects and records involved
- The likely consequences of the breach
- The measures taken or proposed to address and mitigate the breach
The Data Controller is responsible for coordinating the incident response and ensuring that any required communications are made in a timely and transparent manner.
If the breach is unlikely to result in a risk to individuals’ rights and freedoms, no notification to data subjects is required.
10. Complaint Mechanism
If you have any concerns or complaints regarding the way we process your personal data, we encourage you to contact us first atinfo@accountinglab.com.cy so we can attempt to resolve the matter promptly.
If you are not satisfied with our response, you have the right to lodge a complaint with the relevant supervisory authority. In Cyprus, you may contact the Office of the Commissioner for Personal Data Protection atcommissioner@dataprotection.gov.cy.
11. Changes to This Policy
We may update this Privacy Policy from time to time to reflect changes in our practices, legal obligations, or service offerings. The updated version will be posted on this page and will be effective from the date of publication. We encourage you to review this page periodically to stay informed about how we protect your data.
12. Contact Us
If you have any questions about this Privacy Policy or our website operations, please contact us:
Accounting Lab Institute
Phone:+357 7000 8889
Email:info@accountinglab.com.cy
Address: 72 (Office 202) 28th October Avenue, Engomi 2414, Nicosia, Cyprus
By accessing and using this website, you acknowledge that you have read, understood, and agreed to this Privacy Policy.
For more information, please also review our:





