Accounting Principles (German GAAP) and Corporate Taxation

In our German GAAP part of the Seminar, we will take a look at the statutes of the German Commercial Code (“HGB”) and we will analyze material differences between HGB and IFRS. You will also learn the basics of Group Accounting and the relationship between Local and International Accounting. Ultimately, you will get an idea of how the Audit process works (including which rules are governing the relationship between your firm and your auditor) and how you best will survive your first Audit in Germany… In the Tax part of this Seminar, you will be introduced to the German Corporate Income Tax and Trade Tax Law. Furthermore, we will take a brief look into the Reorganization Tax Act and – very basic – other Tax types in Germany like VAT and Real Estate Transfer Tax. At any time, we will do our best to help you being Tax compliant, avoiding Tax risks for your firm and you personally. On the other hand, we will point to some Steering Levers which enable you to reduce your Tax Burden.


German Accounting Principles (GAAP)

  • “Grundsätze Ordnungsmäßiger Buchführung” – the German Principles of Bookkeeping
  • Case Studies & Special Items (Work in Progress, Depreciation & Amortization, Goodwill & other Intangible Assets, Provision Types, Discounting Long-term Provisions, e.g. for Pensions)
  • „Bilanz“, „GuV“, „Anhang“, „Lagebericht“ – a quick Overview of the Elements of Financial Reporting
  • Accounting Policy – Potentials & Constrains in Managing your P&L
  • Group Accounting & IFRS
  • The Audit Process & Relationship with your Auditor
  • Criminal Sanctions

Corporate Taxation

  • Income Tax & Corporate Income Tax (Partnership vs. Corporation)
  • Trade Tax
  • Reorganisation Tax
  • VAT, Real Estate Transfer Tax
  • Tax Compliance
  • Steering Levers to reduce your Tax Burden

For the speakers, please see the Speakers' page of this website. 

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