Annual Financial Statements
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Non-profit organizations are required to prepare annual financial statements that not only comply with legal regulations but also provide transparent reporting to various stakeholders. These financial statements are often presented at members’ meetings, shareholder assemblies, or before foundation boards, and must be verifiable for tax authorities, supervisory bodies, or funders.
Specific challenges arise from non-profit tax law requirements, such as the correct allocation between activity spheres and the formation of reserves. Errors in the preparation process may lead to tax disadvantages or follow-up queries from the authorities.
Preparation of Annual Financial Statements in Compliance With All Legal and Non-Profit Requirements
We prepare your annual financial statements in full consideration of all relevant legal and non-profit-specific requirements, ensuring accurate and transparent documentation. Our focus is on making the statements understandable and reliable for internal bodies, authorities, and funders alike.
Our Services in Detail
- Preparation of cash-basis financial statement (EÜR) or balance sheets
- Consideration of non-profit tax law requirements, such as activity sphere allocation and reserve formation
- Filing or publishing the annual financial statements with the German Federal Gazette (Bundesanzeiger)
- Ensuring compliance with all statutory requirements
- Preparation of financial statements for members’ meetings, shareholders’ meetings, or foundation boards
- Presentation of the statements to the relevant bodies, if required
Your Benefits
- Legal certainty: Preparation of financial statements that meet all legal and tax-related requirements
- Transparency: Clear and comprehensible presentation for authorities, funders, and internal bodies
- Personalized support: Consideration of specific non-profit tax law requirements
- Readiness for presentation: Statements prepared for various stakeholders, including support during presentation sessions
