Professional Services
Interim Support
In times of high staff utilization in accounting and specialist departments, I support you as needed in the context of your IFRS accounting. These can be cyclical tasks in the preparation of the monthly, quarterly or consolidated financial statements or the activities relate to specific complex transactions or applications of standards. Benefit from my wealth of experience to solve the mostly time-critical challenges in a goal-oriented manner.
Expert opinion
I provide an expert opinion on your selected accounting issues and defend the argumentation vis-à-vis third parties. In the course of the transaction, small loopholes can also be identified in order to enable a preferred presentation in terms of accounting policy, if necessary. The argumentation always refers to the current relevant commentary opinions as represented by the leading international and national sources. At the same time, I also provide operational support in the accounting presentation of the issues.
Valuations
A complex topic in accounting is the valuation in terms of IFRS. Thus, various occasions such as
- a business combination,
- an impairment test, or
- other fair value measurements in areas
which are regularly performed by experienced are carried out.
You can also benefit from my theoretically sound wealth of experience in this area.
HGB - IFRS Conversions
The first-time application of IFRS is a very complex task, which is in good hands with me. I look back on various constellations of IFRS conversions in order to be able to present yours individually with this wealth of experience.
Certainly, the transition of the figures from HGB (German Commercial Code) or Other local GAAPs to IFRS is in the foreground. Nevertheless, I also offer you the audit-experienced documentation of the accounting differences, the creation of an IFRS accounting guideline, consolidations in the case of a group as well as the creation of the IFRS Notes - all from one source.
Of course, I also support you in the ongoing process of preparing IFRS financial statements on the basis of the German Commercial Code (HGB).
Accounting guidelines
The preparation of consolidated financial statements in accordance with IFRS requires the uniform application of explicit options and implicit discretions throughout the Group. Also, not all accounting standards may be relevant for a business model. It is constantly necessary to update further developments of the standards.
In order to ensure a uniform application of IFRS in operational accounting, I summarize the standards relevant for your company in your IFRS accounting guidelines in a user-oriented manner. In addition, I provide appropriate tools for you, so that the accounting department can adequately implement and document the application of the IFRS and accounting guidelines.
IFRS technical Department
In most companies, the operational accounting process according to IFRS has become very well established. Nevertheless, innovations in IFRS accounting follow one another, or transactions that are not commonplace have to be assessed and recognized. Is it worthwhile to hire an (additional) specialist for this purpose? Entrust me with the activities of your specialist department. Special transactions are appropriately assessed and unpretentiously interwoven with the established accounting process.
Innovations in accounting according to IFRS will be elicited regarding your business model, in order to achieve a high-quality and practice-oriented implementation.
Notes and Mgt's Commentary
The IFRS notes and the management report are the financial business card of every company. Unfortunately, these media of capital market communication are often strongly neglected.
However, the preparation of the notes and the management report already starts with the generation of the relevant information. I will be happy to support you with my extensive experience from checking the completeness of the required information and many notes already prepared, in order to optimize the presentation of the company in the context of the respective communication strategy.
IFRS Training
Do you need a "personal trainer" to improve your personal IFRS knowledge?
Do you want your finance department to be sensitized in general or for specific IFRS topics?
After many university lectures and various practical trainings in the field of IFRS, I am also your right contact to convey the complex topics in a practical and understandable way.