Frank Schmid

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Audit & Assurance
Advisory
Tax
Business Process Solutions
Technology Consulting
Our sustainability/ESG services
International expertise

Audit & Assurance

Auditing increases the reliability of your company information for all decision-makers – thereby building credibility and trust.

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Related insights:

Accounting The future of non-financial reporting – an update on sustainability reporting

The Institute of Public Auditors in Germany, Incorporated Association (IDW) [Institut der Wirtschaftsprüfer in Deutschland e.V.], published a position paper on the future of non-financial reporting and assurance. Besides aspects to be considered for the development of an integrated reporting that addresses the information requirements of all stakeholders, the abstract provides an update on the latest ESG reporting pronuncements.

Frank Schmid
| 4 min read | 24 Jul 2023
Accounting New group reporting standard on income tax information enacted Teaser

New Group Reporting Standard on Income Tax Information is compulsory from June 21, 2024. It discloses income tax and corporate tax information on foreign affiliates on a country-by-country basis.

Frank Schmid
| 2 min read | 24 Jul 2023
Accounting Accounting for the inflation adjustment premium

The Institute of Public Auditors in Germany (IDW Institut der Wirtschaftsprüfer) has now is-sued its opinion on the presentation of the employer's obligation in the financial statements. We will inform you about the details.

Peter Kaldenbach
| 3 min read | 27 Apr 2023
Energy costs What companies can do against electricity price increases

The reduction in the EEG surcharge extends the scope of companies to be fully ex-empted from the electricity concession fee. What you should consider for the formal application of the exemption from the electricity concession fee.

1 min read | 27 Apr 2023

Advisory

Business consulting that works

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Risk Advisory
Security for your business
Digital advisory & IT consulting
Mastering digitalisation together
Operational Advisory
Solidifying and supporting transformation
Deal Advisory
We’ll advise you on national and international transactions
Valuation & economic and dispute advisory
We’ll value your business fairly and realistically
Financial Advisory
Optimising financial structures

Tax

Regardless of whether you run a business, an institution or represent a family office, top-quality tax advice is more important for success than ever. We offer...

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Tax for businesses
Because your business – national or international – deserves better tax advice.
Tax for financial institutions
Financial services tax – for banks, asset managers and insurance companies

Business Process Solutions

We love responsibility and help you succeed

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Outsourced accounting processes
We’ll take care of your accounts, financial statements and reporting
Payroll and & HR services
Your comprehensive service for personnel management
Tax declarations
Assured, efficient, vigilant: we’re your new tax team
Global compliance & reporting services
Offering you an international service with a national approach
Company set-up & domiciliation services
Assistance with expanding abroad
Real estate investments
The complete service at all stages of real estate investment.

Technology Consulting

So that digitalising your business is secure and successful.

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IT assurance
Rapid technological change is a sign of our times.

Our sustainability/ESG services

Sustainable transformation for your business.

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Sustainability strategy
Laying the cornerstone for sustainability.
Sustainability management
Managing the change to sustainability.
Sustainability reporting
Communicating sustainability performance and ensuring compliance.
Sustainable finance
Integrating sustainability into investment decisions.

International expertise

Rooted locally, connected globally.

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International business
Our country expertise
Entering the German market
Your reliable partners.

Automotive

You think in global terms of innovation and flexibility. So do we – and beyond.

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Chemicals & Pharmaceuticals

Your industry is at the forefront. Together, we’ll forge ahead with new ideas.

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Energy & natural resources

Your industry is governed by standards and regulations. We deliver solutions.

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Financial services

Regulatory changes, pressure on cost management, the need to grow, and increased investments in technology and data are dominating the financial services...

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Healthcare

Your market is growing. With our efficient strategies, you can grow with it.

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Maritime

Digital transformation is only one of the many challenges your industry is facing. We’ll steer you through them.

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Mechanical & plant engineering

Research and development drive your industry forward. Across borders, we’re at your side.

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Private Equity

We continue to see the German private equity market on the rise. Private equity investors currently possess substantial capital resources. Here the German...

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Public sector

Demands on the public sector are increasing. Our solutions are sustainable.

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Real estate

Your partner – even in challenging times.

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Retail & consumer products

Your industry demands flexibility and speed. Our clear strategy delivers both.

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Technology/Media/Telecom

Your branch is defined by dynamic innovation. We’re your partners on an equal footing.

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Transport & logistics

Growth and innovation are the subjects you’re interested in. Reach the goal with our smart solutions.

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Travel/Tourism/Leisure

You’re planning new projects, restructuring and transactions We’re at your side. Personally.

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Frank Schmid is Partner and working in the Audit business line. He has many years of experience in auditing and advising mainly medium-sized businesses. As a member of the Automotive industry group he works as group auditor for important clients in the automotive supply industry and as auditor of financial statements for medium-sized businesses. He has broad experience in audit and advice in connection with process operations and control systems. His activity has an international orientation focusing on US companies and their German subsidiaries. Frank Schmid is head of our US-Desk.

Fields of expertise

Audit of separate and consolidated financial statements according to German GAAP and US GAAP
Audit-related advice and due diligence
US GAAP reporting support
SOX 404 compliance audits and advice