Reference

IFRS reporting package for a foreign state fund in 2015

Mandate

Initial production of IFRS figures for ten corporations and subsequent consolidation of the figures.

Challenges

The temporal challenge on this project was huge – we produced the ten accounts for the real estate portfolio companies in accordance with HGB and completed reconciliation accounts and consolidations in accordance with IFRS within 14 days. Our client profited from our knowledge as an auditor in this case because we are very familiar with IFRS. Special standards must be taken into account for real estate companies in accordance with IFRS, e.g. IAS 40 investment property.

Why we are happy

Nothing about this project was routine. Despite this our good and highly committed team still achieved the professionally and temporally ambitious objectives.

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