The Optimal Annual Financial Statement
The Optimal Annual Financial Statement for your Company
The required scope of the annual financial statement depends on the company’s legal form and size. In any case, it comprises the balance sheet and the profit and loss statement. Corporations and certain partnerships must supplement the annual financial statement with notes and, if applicable, a management report. Capital market-oriented corporations must also prepare a cash flow statement and a statement of changes in equity.
Should the highest or lowest possible annual surplus be reported? Within the scope of balance sheet policy, the financial statement preparer is granted certain discretionary and design options. This allows us to optimally tailor your annual financial statement to your specific situation, considering all national and international requirements.
We record deviations between the tax balance sheet and the commercial balance sheet, whether legally mandated or permissible, either as a separate tax balance sheet or by preparing a reconciliation statement. We show you the available options and reliably and competently support you in their implementation. We are with you every step of the way
The annual financial statement is not the end of a fiscal year – but the beginning of well-founded decisions.
Ulrich Schäfer
Partner