Companies today face a wide variety of issues related to accounting and financial reporting. In fact, in Spain, issues relating to the production and dissemination of financial information have become substantially more sophisticated. In order to respond to this situation, companies need an independent accounting and reporting advisor to be able to meet the different types of challenges in this area.
BBF CONSULTORES has specialised professionals, up to date in this field and with strong international experience, who have provided support in top-level operations that require applying or interpreting complex financial information standards, complying with the requirements of other markets and strengthening external reporting processes, and, increasingly, assisting large companies in their entry into Spain.
Accountancy consultancy in Marbella
We provide advice on matters such as:
- General accounting advice.
- Management of internal control requirements. Economic and market developments and the increased responsibilities of directors, members of audit committees and managers make it advisable to give greater importance to ensuring that the entity ensures adequate compliance with the standards to which it is subject.
- Reporting structures for holding companies: Advice and assistance in the design, selection and implementation of reporting structures for holding companies based in Spain.
- Corporate restructurings: Advice on the determination of accounting impacts in corporate and tax restructurings to align expectations with respect to the final result.
- Plan General de Contabilidad (PGC): Assessment of strategy and options in relation to the future of PGC.
- Conversion to IFRS: Technical assistance and support in the implementation of the global IFRS conversion.
- Reporting tools: Assistance in the selection, design and implementation of global reporting tools to be used by groups for the preparation of their consolidated financial information (such as accounting policy manuals, standard reporting formats…).
- Technical accounting support: Technical accounting support to assess the impact of the adoption of the new standards.
- Standardisation of accounting policies: Support in the global standardisation of accounting and reporting policies in multinational groups (including training of key personnel in each territory, follow-up of implementation, monitoring, etc.).
- Solutions for different accounting frameworks: Assistance in minimising differences arising from the application of different territorial accounting frameworks.
- Accounting advice on transactions: Technical accounting support in the preparation of financial data relating to an M&A transaction and advice on the accounting implications of the proposed deal structure.
- Adoption of new standards: Support on technical and implementation issues of the adoption of new fair value accounting standards.
- Facing a carve-out: Assistance in understanding and managing the complex accounting issues and liabilities arising from a carve-out.
- US-GAAP: Assisting companies with US GAAP implementation and technical implications related to the SEC.