SERVICES

Indirect taxes


TAX ADVISORY & SERVICES

Enhance the quality of your financial reporting. Our accounting advisory professionals provide clients with innovative solutions and expert knowledge in these areas:

 

DISTRIBUTION OF TASKS AND PLANNING OF APPOINTMENTS

  • Deadlines for the last posting of the group internal transactions
  • Deadline for closing of group internal balances
  • Deadline for reporting package

 

METHOD OF CONSOLIDATION AND
CIRCLE OF CONSOLIDATION ( HGB,IAS,US - GAAP, ETC.)

  • Preparation of shareholder value list and decision about the basis of Accounting Principles
  • Determination of the included group enterprises
  • Establishing the consolidation method for separate group enterprises
  • Provision and proof of the reasons for the exclusion of group enterprises

 

STANDARDIZED GROUP GUIDELINES (GROUP HANDBOOK)

  • Standardized accounts distribution guidelines (Same chart of Accounts for the group, standardized Accounts distribution)
  • Standardized Accounting Principles (as far as it is possible with subsidiaries abroad)
  • Guidelines for Transmission Bridge (HB I to HBII.)

 

STANDARDIZED REPORTING OF GROUP ENTERPRISES (REPORTING PACKAGE)

  • Balance Sheet and Profit & Los of single financial statements (HB I)
  • Balance Sheet and Profit & Loss according to Group policy (HB II)
  • Documentation of Transmission Bridge ( HB I to HB II)
  • Further data relevant to consolidation
  • Stock of group delivery
  • Production costs for delivery to group
  • Subsidiaries
  • Internal group turn-over and material use from group deliveries
  • Internal group claims and obligations
  • Other internal group settlements
  • Group related provisions
  • Obligations and liabilities arising from certain circumstances

 

CONSOLIDATION TECHNIQUE

  • Simple tabulation
  • Consolidation software (e.g. Hyperion)

 

CONSOLIDATION

  • Calculation of the conversion of foreign currencies
  • Preparation of B/S and P/L Trial Balance
  • Consolidation of assets
  • Consolidation of liabilities
  • Consolidation of income and expenses
  • Procedure concerning latent tax within the group
  • Development of the group property register
  • Preparation of group balance sheet and group Profit & Loss
  • Preparation of the group balance appendix and group status report

To learn more about how we can add value to your business in Germany, please do not hesitate to contact us today!

Contact us Book a meeting

Or call us at +49 (0) 6181 250 330

Let us be a part of your success story

Andreas Wilke

Owner

+49 6181 250 330

 

Email me  Book a meeting

Why us?
  • Strong experience in supporting foreign companies to develop their business in Germany
  • Our clients success is our success. Our objective is to grow along our clients
  • We are family owned. Our long- term perspective allows for good strategy and decision-making

Book your advisory call today

We help you to assess the current phase of your business and to build your personal roadmap about how your business can start and grow in Germany.

Book a meeting

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