• UK subsidiaries or branches reporting to a German Head Office and requiring compliance with German (Austrian or Swiss) accounting, tax and legal requirements, or
• German subsidiaries or branches reporting to a UK, or US Head Office and requiring compliance with UK or US accounting, tax and legal requirements?

• Year-end statutory or quarterly reporting for German HGB, IAS, UK or US GAAP.

• Review of existing controls and implementation of improved procedures.
• Preparation of monthly management reporting, key ratios and financial commentary for local and HO use.
• Inter-company reconciliation.
• Strategic business, budget and cash flow planning.

• Initial documentation and review of controls and processes.
• Assistance with initial testing.

For companies that have already complied with S404 in prior years:-

• Re-scoping and reassessment of key controls and processes.
• Re-design and streamlining of test processes.
• Assistance in carrying out testing procedures.

• Verification of group accounting procedures and recommended improvements in operations and/or control.

• Review of finance and accounting IT systems.
• Implementation of new software packages and bespoke systems.

• UK Taxes: Corporation Tax, VAT, Income Tax, National Insurance.
• German Taxes: Corporation Tax, Municipal Tax, VAT, Income Tax, Payroll Taxes.
• Cross-border considerations.

• Preparation of minutes and statutory legal returns.

• Local country financial auditors, lawyers, bankers, tax advisors, and government authorities.
• In-house corporate departments in the UK, Germany or US Headquarters.

• Assistance with due diligence requirements and the general collection and preparation of data.

• Defining job responsibilities and sourcing staff to fill vacancies within customer service, finance and administration.

• Correspondence, legal documents, financial and management reports translated by bi-lingual staff.