More than just a duty
An annual financial statement is not just a legal commercial duty but also opens up possibilities and opportunities!
In Germany, annual financial statements have to be prepared according to commercial law and tax law regulations, meaning that the company has to succeed in the balancing act between commercial law’s protection of creditors, the strict tax law regulations and bank requirements for the basis of ratings.
Against this background, the annual financial statements and determination of profits are prepared in close cooperation with the client so that the company’s performance is reflected and presented meaningfully, adequately and correctly in terms of commercial and tax law but also from a business point of view.
Naturally, we support the entrepreneur in presenting his annual financial statements to banks. In doing so, the reputation that we have built up over many years also has an influence on talks with the banks.
Beyond the legally required external accounting, we also support companies in other forms of internal accounting as well as group reporting. The conversion from the German Commercial Code balance sheet to foreign gaap/US-GAAP or other internationally recognized accounting standards (e.g. IAS) is also part of our range of services, which we provide together with WSB Treuhand GmbH Wirtschaftsprüfungsgesellschaft.