Consolidated financial statements are the interim or annual financial statements of a company with the aim of determining the tax burden incurred, but also to provide internal and external addressees with a precise overview of the financial situation of the corporation. Based on this information, investors and creditors are able to make informed decisions. The German Commercial Code (HGB) regulates the obligation to prepare consolidated financial statements and specifies which companies are required to prepare consolidated financial statements instead of regular annual financial statements.

Since 2005, capital market-oriented companies have generally been required to prepare their accounts in accordance with IFRS standards.

Our services in the area of annual and consolidated financial statements include the following

• Preparation of your annual financial statements in accordance with the German Commercial Code (HGB), optionally with plausibility assessments or explanatory report
• Preparation of your consolidated financial statements according to HGB or IFRS
• preparation of a group management report
• Consultative analysis of results

Even if your company is not required by law to have its annual financial statements audited, you can benefit in many ways. Increase your attractiveness for investors by means of additional transparency or use an objective analysis as a basis for decision-making for your further actions.