Both the globalisation of markets as well as financing aspects require financial statements and audits thereof in accordance with international standards. Accounting under IFRS or US GAAP frequently creates particular challenges, especially for SMEs. Complex regulations have to be complied with and ongoing changes made to the accounting in your company. This generates a major need for consulting, particularly when switching a company from national to international accounting standards. We have recognised these needs at an early stage, and prepared ourselves extensively for this challenge.
As a result, we support you when switching to international accounting standards, such as IFRS or US GAAP, as well as concerning the transition of accounting from HGB to these internationally recognised accounting standards.
We also carry out audits of financial statements in accordance with ISA (International Standards on Auditing). Where necessary, we draw on colleagues from our network at DFK International when auditing consolidated financial statements involving international shareholdings.
The changeover to international accounting standards is something we understand not only as a technical process, but also as an opportunity to rethink your reporting systems.
This is because improved information opens up a series of advantages:
Stephan Brune: Certified Public Auditor, Tax Consultant
Torben Clément: Certified Public Auditor, Tax Consultant
Examples of our consulting expertise