Preparation of reports according to other accounting standards

IFRS are the most universal and commonly used accounting standards in the world. However, in practice, we have encountered a number of other accounting standards.

Please note, this is necessary for our customers who conduct or plan to operate in another country.

In practice, we have to work on the preparation of statements in accordance with certain accounting standards (generally accepted accounting principles - GAAP), such as:

German GAAP
Luxembourg GAAP
Turkish GAAP
Japanese GAAP
Romanian GAAP

The standards of individual countries, with the exception of US GAAP, include sometimes conflicting requirements for certain areas of accounting. To prepare such reports requires deep immersion and elaboration of accounting procedures.

When preparing such reports, we often rely on our partners – other members of the international alliance GGI, in which we are a member.