Our topic portal provides answers and information on accounting issues in accordance with IFRS and HGB. Our experts inform you about current developments in accounting and present selected specialised topics in a compact and clear manner.
- IFRS is very dynamic and subject to constant change. Whether fundamental questions of consolidation, lease accounting, revenue recognition, financial instruments, pension accounting or the presentation of financial performance: tried and tested accounting concepts are being replaced by new regulations that raise a wealth of application issues.
- The HGB is still the leading accounting standard for the individual financial statements of all German companies and the consolidated financial statements of many medium-sized corporate groups. Against the background of the internationalisation of the economy, the HGB is constantly being amended.
The linking of financial and non-financial information in corporate reporting (integrated reporting) is becoming increasingly important internationally, both due to a change in demand behaviour on the part of addressees as well as regulatory measures. Companies have to adapt their existing corporate reporting accordingly.
The EU is driving forward the digitalisation of corporate reporting with the aim of facilitating the accessibility, analysis and comparability of financial reports: companies whose securities are admitted to an organised market in Germany (so-called domestic issuers within the meaning of Section 2 (14) WpHG) are obliged to prepare their annual financial reports in a uniform European electronic reporting format (European Single Electronic Format - ESEF).
With our broad expertise in finance and accounting, we can help you with all accounting issues and your reporting. Contact us to find out how we can support you with your challenges.
