Consultancy
International accounting
International accounting standards (IAS / IFRS, US GAAP) are becoming ever more important. The IAS / IFRS have been mandatory for listed companies since 2005/2007. But they are also becoming increasingly important for small and medium sized companies.
Management reporting
Efficient and sustainable processes and structures in accounting, controlling and planning for the timely preparation of high quality decision-relevant information are decisive factors for sustainable business success. Value-based management and active working capital management play an important role here.
Valuation services
Business acquisitions are becoming more and more important. Accounting requirements for, e.g., purchase price allocations (PPA according to GAS 4, IFRS 3 or ASC 805 (formerly SFAS 141), stock option valuations (according to IFRS 2 or ASC 718 (formerly SFAS 123R) or impairment tests (according to GAS 4, IAS 36 or ASC 350 (formerly SFAS 142) are growing more complex. Due diligence reviews and post-merger integration are crucial for successful acquisitions.
Consulting Services
In addition to the appropriate technical input, the optimisation of processes particularly requires adequate project management and change management supported by a project management office.
Industry-specific consultancy
FAS AG provides specialist competence centres for the financial services and leasing industries. For financial services, they cover in particular the topics IAS 32 / IAS 39 / IFRS 7 / IFRS 9 (incl. hedge accounting, impairment) and compliance (incl. regulatory reporting / German Banking Act, Basel II). For leasing they cover software solutions (FAS LeaseBOX) and consulting on IAS 17, SFAS 13 and BilMoG (German Accounting Law Modernisation Act).
