Our international presence
We are members of Praxity, the leading international alliance of independent auditing and tax consulting companies with over 700 locations in more than 110 countries. We are happy to support German companies abroad and the globalization of their business. Vice versa, German subsidiaries of foreign companies can also benefit from our know-how in international accounting or from our expertise in cross-border consulting. Our US Desk in Heidelberg is staffed principally by German professionals who also hold the US CPA qualification. This means we can provide optimal advice to US clients who invest in Germany and equally to German companies with interests in the US. We also have special expertise in the German-Chinese business environment. Understanding the importance of this growing relationship, FALK established its China Desks in Frankfurt and Heidelberg in 2011. We recently opened another China Desk in Shanghai.
-
International accounting from IFRS to US-GAAP and vice versa
Our services in the area of IFRS and US-GAAP are:
Legal, statutory and voluntary audits of annual and consolidated financial statements in accordance with IFRS and/or US-GAAP accounting principles
Transition to IFRS or US-GAAP
SOX 404 compliance (audit and consulting)
International consulting
Ongoing IFRS and US-GAAP reporting
-
China desks developing rapidly
Our China desk services are:
Auditing
Transaction consulting
Due dilligence
Tax consulting
Audit of annual and consolidated financial statements
Conversion to IFRS or US-GAAP
Transfer pricing
Financial Accounting
Payroll
-
Introduction and testing of SOX 404 concepts
Our services in the area of SOX 404:
Support with set up and design of an SOX 404-compliant, internal control system
Audits in accordance with PCAOB standards of SOX 404 control systems
Consulting by tailored teams of experts (IT auditors, US CPAs)
-
The ever-growing importance of cross-border consulting
Our services in the area of cross-border consulting include:
Final audits in accordance with international accounting standards
Transition to international accounting standards
SOX 404 compliance (audit and consulting)
Cross-border tax, legal and management consulting; our (foreign Praxity) cooperation partners participate when needed for client success.
Outsourcing services
VAT services
-
Expatriate services from the regional level to the global level -working with no borders - Global mobility
Our expatriate services include:
Consulting on international employee assignment
Payroll in home country and host country (coordinated globally by our Praxity partners)
Calculation of hypothetical tax in home country
Consulting on international-assignment-related contractual arrangements and on tax settlement in collaboration with renowned law firms
Income tax returns in the home country and in the host country
Development and implementation of international assignment policies (in collaboration with law firms)
Changing labour contracts and creation of international assignment contracts (in collaboration with law firms)
Consulting on social security issues (in collaboration with law firms)
More information?
We would like to inform you about all current topics and planned events on a regular basis. Please register for our newsletter.