Transatlantic expertise

Navigating safely between US and German requirements

As an internationally active auditing and consulting firm, we are very familiar with the requirements of US reporting standards, compliance and tax implications in cross-border business transactions.

Thanks to our many years of experience with German-American client relationships, we know that mutual cultural understanding and the specifics of communication are essential for commercial success. Our US Desk supports you in optimally coordinating and implementing the mutual requirements and expectations on both sides of the Atlantic.

We support US companies that want to take advantage of business opportunities in Germany with high-quality professional services. We also offer German companies comprehensive support in developing the US market. Our advantage: With the Grant Thornton International (GTI) network, we have direct access to our partners in the USA. We also have qualified CPAs on board in Germany.

Our services include, among other things:

The conversion of accounting to US GAAP generally means a major intervention in the company's accounting system. This requires careful and intensive preparation - especially against the background of a traditionally strongly tax-oriented accounting system. We offer you professional project planning and implementation in terms of a successful cost-benefit ratio.

Compliance can be a major challenge for the company, its departments and employees who need to maintain effective processes, systems and controls. Our tried and tested "4-phase concept" supports you in the implementation and subsequent execution of SOX controls in your company.

An outsourcing partner is often the right choice, especially when new business units are being set up in Germany (or new requirements are placed on existing units). We can take care of your accounting in accordance with German commercial and tax law and US GAAP, calculate the deferred taxes for your annual financial statements, support your process and financial optimization or manage your finance and accounting for you as an interim solution.

When entering the German market, it is important to consider both tax and legal requirements. Our tax and legal experts will be happy to advise you on all relevant issues relating to tax and company law as well as the applicable employee laws in Germany.

Consideration of the main integration and separation risks is essential for a successful transaction. We support you in identifying the existing interdependencies and risks and in preparing "stand-alone" cost assessments, migration or separation plans focused on the key value drivers, as well as transitional services agreements.

Carefully planned preparation creates added value from a carve-out transaction for both buyer and seller. We help you to identify separation risks at an early stage, taking into account a future "stand-alone" business model. Experience has shown that a further challenge is the preparation of carve-out financial information, in which we can provide you with competent advice and support based on our experience.