We provide financial reporting support in all areas, for example:
The accounting and financial reporting rules under IFRS, similar to US GAAP, in some cases tend to be generalized. It is therefore necessary for the company to develop rules and interpretations of the relevant standards to be in compliance with those of the German parent company. We assist in the interpretation of the applicable rules and standards and the preparation of corresponding documentation.
For most US companies, IFRS and HGB represent different sets of rules than US GAAP and in some cases even different financial reporting cultures. It is important for the Company to recognize and understand the accounting and reporting policy effects on the balance sheet and results of operations. We can analyze, among other aspects, the effect on key performance indicators and the conformity of the financial reporting with your corporate objectives.
Compliance with the requirements of the external auditor can demand the time and resources of management and other employees. Often, such requirements and the resulting time pressure result in operational bottlenecks.
For the cooperation with the year-end auditor we provide, among others, the following services:
This is only a selection of the services which we would be pleased to render to your company. If there are other topics which are relevant for you, please contact us.