We’ll support you with financial statement compilation
We offer our clients advice and support in preparing and compiling statutory and as-if group financial statements under German GAAP (HGB) and International Financial Reporting Standards (IFRS) and, as needed, provisions of personnel in the groups’ accounting to support on-going consolidated financial statement compilation.
Our solutions
- Preparation of the separate financial statements for consolidation (procedures for HB II, currency translation)
- Accounting for subsidiaries
- Consolidation of liabilities, intercompany profits, income and expenses
- Calculation and adjustment of deferred taxes
- Proportionate consolidation and equity-method consolidation for non-consolidated entities
- Compilation of the notes to the consolidated financial statements and group management report taking account of current developments in consolidated financial reporting and the German Accounting Standards (DRS) and IFRS
- Set up of organisation for compilation of consolidated financial statements
Our references include IDL Konsis/Winkons, SAP, Hyperion and Excel. Grant Thornton Germany has entered into cooperation with IDL and has first-class expertise in it. Training courses in IDL Konsis and advisory relating to selection of IDL consolidation software are part of our core competences.
