Consultancy
International Accounting
International Standards in accounting are becoming ever more important. The IAS / IFRS were for listed companies already since 2005/2007 mandatory. But also for small and medium sized companies, the IAS / IFRS are becoming more important.
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 the sustainable business success. Value Based Management and active Working Capital Management mainly contribute thereto.
Valuation Services
Business acquisitions are becoming more and more important. The requirements of accounting such as Purchase Price Allocations (PPA according to DRS 4, IFRS 3, ASC 805 (before FASB Accounting Standards Codification Project: SFAS 141) respectively), option valuation (according to IFRS 2, ASC 718 (before FASB Accounting Standards Codification Project: SFAS 123R) respectively) or Impairment Tests (according to DRS 4, IAS 36, ASC 350 (before FASB Accounting Standards Codification Project: SFAS 142) respectively) are becoming more complex. Due Diligences and Post Merger Integration are crucial for successful acquisitions.
Consulting Services
The optimization of processes requires, alongside to the appropriate technical input factors, especially also an adequate project management and change management supported by a project management office.
Industry specific consultancy
FAS AG provides for the segments Financial Services and Leases specific segment competence centres. This includes for Financial Services especially the topics IAS 32 / IAS 39 / IFRS 7 / IFRS 9 (Hedge Accounting, Impairment) as well as Compliance (this includes regulatory reporting / KWG, Basel II) and for the segment Leasing software solutions (FAS LeaseBOX) and consultancy for IAS 17, SFAS 13 and BilMOG
