Accounting as an added value for your company
Financial statements are not only a basis for the tax calculation. Given a proper preparation and explanation it contains useful information on a company. The financial statement can and also should be kind of a controlling instrument and thus, being part of management decisions. Using an informative financial statement can be helpful for obtaining loans and potentially avoid burdensome tax audits.
Irrespective of whether German GAAP balance sheet, tax balance sheet, BilMog or IFRS – we prepare your financial statements. If desired, we also prepare a plausibility assessment or organize a cost-efficient cooperation with a certified public accountant.
A financial statement determines the financial situation of a company and is often being addressed to various recipients, such as companies, banks, shareholders, investors or tax authorities each having a divergent degree of interest in the financial statement.
Caused by the Accounting Law Modernisation Act (“Bilanzrechtsmodernisierungsgesetz – BilMoG”) German GAAP and tax balance sheet often differ resulting in the preparation of two financial statements – a German GAAP financial statement and a tax financial statement.