Once a company’s goals have been defined and budgeted, they have to be monitored efficiently. Internal reporting is often too lengthy, doesn’t necessarily focus on the real goals, or needs to be slimmed down. Usually just a few key figures are enough to manage the company, and for the whole company to focus on. We provide reporting that’s oriented to decision-making and the receiver, with just a few, unambiguous key figures and clear structures.
Reporting to owners or external stakeholders like lenders is also extremely important. For example, if certain financial covenants have been agreed with providers of financing, those arrangements too must be included in the company’s target system, and consequently also in its reporting. That enables the company to actively manage compliance with those covenants. In the design and preparation of reporting, we can draw on extensive practical experience and ensure the best approach for your company’s situation.

Specifications of the federal ministry of finance regarding DAC 6 reporting obligations
Since 1 July 2020, certain cross-border tax arrangements must be reported to the tax authorities (DAC6 reporting obligations). After publishing the draft of a letter of interpretation in July 2020, Germany’s Federal Ministry of Finance (BMF) unveiled the final version on 29 March 2021. In the over 70-page document, the BMF provides its interpretation of the many undefined legal concepts in the statutory provisions on DAC6 and whitelists standard cases that would generally not lead to a reporting obligation. ...read more