Annual and Consolidated Financial Statements

In the end, it's all about the final accounting!

The annual financial statement concludes the fiscal year, provides information about the company's assets, financial position, and earnings, forms the basis for profit distribution, and, last but not least, serves as the foundation for taxation.

We help you to optimise your company’s tax efficiency. If needed, we also prepare interim financial statements.

We are equipped to create or assist in the preparation of annual financial statements, even if your accounting is done using ERP systems or other accounting software that is not DATEV.

Whether it's mandatory or voluntary, your consolidated financial statements are also in good hands with us. As an informational tool, the consolidated financial statement is becoming increasingly important. It represents the annual financial statement of a group of companies that are legally independent but form an economic unit. The obligation to prepare a consolidated financial statement lies solely with the parent company.

We implement your requirements efficiently and according to your specifications, using specialized software solutions if necessary, which also allow for comparisons with planned data.

Our services in the context of annual financial statement preparation

Preparation of annual financial statements according to German commercial law with and without plausibility assessments in both German and English
Preparation of interim financial statements (monthly, quarterly, and half-yearly statements)
Support with or taking over preparatory measures for the annual financial statement, such as:

Closing accounts
Inventory of fixed and current assets
Valuation of stocks
Accruals and deferrals
Formation of provisions

Preparation of the notes to the annual financial statements
Support in the preparation of management reports
Preparation of covenant calculations for banks
Preparation of reports and presentations on the annual financial statement for banks, shareholders, and other stakeholders
Publication of annual financial statements in the commercial register as required by law

Our services in the context of consolidated financial statement preparation

Preparation of consolidated financial statements according to German commercial law or International Financial Reporting Standards (IFRS)
Preparation of purchase price allocations
Preparation of notes, cash flow statements, statements of changes in equity, and segment reports for the consolidated financial statements
Support in the preparation of management reports
Preparation of covenant calculations for banks
Preparation of reports and presentations on the consolidated financial statements for banks, shareholders, and other stakeholders
Publication of consolidated financial statements in the commercial register as required by law