Accounting & Reporting Services

Your expert for questions

Christoph Gruss
Partner, PwC Germany
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Support with all accounting and financial reporting issues

Corporate accounting and financial reporting are constantly facing new challenges from legislators, regulators and boards. New accounting standards and regulations have to be understood and implemented in companies. Some accounting topics are so complex that many companies find it difficult to handle them without external support. This applies, for example, when measures are planned that have a significant impact on the net assets, financial position and results of operations. Last but not least, the digitalization of finance is playing an increasingly important role.

Our service at a glance

The challenge

• Are you faced with the task of introducing new standards and need to make system and process adjustments alongside?
• Do you have questions about complex accounting issues, such as tax accounting, revenue recognition and group accounting?
• Do you want to take a targeted approach to your external presentation in financial reporting and to your key performance indicators?
• Are you striving to optimize and digitalize your accounting system and want to make greater use of digital solutions?

These examples show: The demands on external and internal reporting are increasing. So is the pressure to produce financial statement information in ever shorter timeframes and to meet the growing expectations and requirements of external and internal stakeholders for standardized reporting. But accounting issues also frequently arise in the course of transactions.

What we offer

The experts from PwC's Capital Markets & Accounting Advisory Services team advise you on all accounting issues - whether Local GAAP, IFRS or US GAAP - from the first-time application of accounting standards to embedding them in accounting practice. Our accounting and structuring advice includes the following aspects, among others:

• Advice on specific issues such as tax accounting, revenue recognition, group accounting and on structuring transactions
• Selection of digital solutions and their implementation in your company: we support you in optimizing your reporting with special software solutions.
• Implementation of new accounting standards and optimization: we analyze to what extent your company or group is affected by the new rules. Based on this, we examine the concrete effects on the company divisions and plan the measures to implement the optimization. In parallel, we support you in adapting guidelines and directives individually for your company and in designing and implementing employee training.
• Structuring consulting: We offer active structuring consulting on covenants management, corporate ratings, effects of transactions on general stakeholder communication and assessments of specific investment projects. In doing so, we analyze the facts of the case and take into account the previous accounting treatment of comparable issues in the company. Together, we discuss possible design alternatives to achieve the desired objectives.
• Managed Services for Accounting: We offer the setup and operation of a finance function as managed services for your company.