Although there are efforts to set
international standards for financial accounting, there are different
regulations in each and every country.
It is of course mandatory to abide by these local regulations for your annual balance sheet for legal and tax purposes.
Larger sized enterprises in particular prefer to do their accounting
in accordance with US-GAAP or IFRS within their corporate group in
order to be able to prepare a straight forward consolidation for their
international companies.
InterGest has the ability to deal with
both ways and take care of your financial accounting according to the
requirements of the corporate group and of the local accounting
regulations. To do two annual balance sheets - e.g. in accordance with
IFRS and local regulations - for one client is a matter of daily
business for us.
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