Statutory reporting

Companies are operating in an increasingly international environment. Often, the local administration is organized according to the accounting guidelines and requirements of the international parent company. However, annually financial statements  have to be prepared and published in accordance with national laws and regulations. The result is that the data from the international accounts must be converted to comply with governing local accounting principles.

GlobalForward takes the whole process of conversion from local books to statutory accounts out of your hands. We take care of the identification and documentation of accounting differences, setting up the books to stats trail, and the writing the financial statement according to either Dutch GAAP or IFRS. We can also act as a liaison with the auditor for the audit of the statutory accounts.