Consolidation of financial statements
Consolidation of financial statements is one of the most demanding accounting procedures, which represents the presentation of financial statements of a Group of entrepreneurs in such a way that they are presented as if they were a single entrepreneur. The parent company is responsible for preparing consolidated financial statements, respectively a Company which has a ruling influence (control) over one or more subsidiaries in determining financial and business policies.
Depending on the wishes and needs of our clients, we can provide you with advice and support in the preparation and compilation of consolidated financial statements or, with appropriate inputs, we can consolidate the basic set of financial statements, including Notes to the financial statements.
Accounting policies compilation
Accounting policies represent special principles, bases, agreements, practices, and rules adopted and applied by the Company's management during the preparation, compilation, and presentation of financial statements. Accounting policies represent the basic accounting document based on which accounting records are carried out in the business books, and every entrepreneur is obliged to compile them, regardless of whether he applies CFRS or IFRS as the applicable framework.
We provide clients with consulting, assistance and drafting of Accounting Policies, aligned with all the requirements of the financial reporting framework and the accounting practice of the Company.
Mergers, acquisitions, and divisions of companies
Mergers, acquisitions, and divisions represent statutory and legal changes of the Company and have a significant business impact on the Company's future operations. Also, the implications of an unprofessionally implemented statutory change can nullify the benefits of the implemented procedure, that is, in certain situations, put the entrepreneur in a significantly worse situation.
Our Certified auditors and accountants and tax advisors have successfully carried out dozens of statutory changes for domestic and foreign companies and have a wealth of knowledge and a wide range of experiences that can help you in this demanding procedure. Our involvement in statutory changes depends on the client's request, and may include support, consulting, or the overall implementation of the project from its planning, drawing up the Contract, cooperation with lawyers, public notaries, and the Commercial Court, including the implementation of the court decision in the business books.
Valuation of companies
The assessment of the fair value of a company is the most complex accounting & audit service, the implementation of which requires specific knowledge and the use of several financial methods and models. In addition to the application of various methods such as the DCF method (discounted cash flows), the multiplier method and the static method, it is very important to interpret and explain the obtained values with quality.
We acquired our knowledge during education with the Croatian Society of Appraisers, while we gained experience and grateful clients through ten years of work.
Creation and assessment of business plans and investment studies
Our professionals will prepare a business plan or an investment study for investing in a new or existing business, whether you are applying for grants from funds or looking for a loan from commercial banks.
Sign up for
your first free consultation
