Accounting Standards
Article Index
“European” GAAP for foreigners
Challenges:
Acquiring and running a business, for example in France, requires a minimum understanding of European accounting requirements. Among other things, the French "plan comptable" introduces significant differences in the profession all the way from day-to-day obligations for bookkeeping to the required format of financial information. Similar obligations are in force in other European countries such as Spain, Italy, etc…
Help from European accountants is necessary in any case, but not always sufficient or easy to act on: they would need to understand where you are coming from. To speed up and streamline reporting, distinguish real obligations from "that's the way we do it", foreign investors need specialised assistance.
Oui Global service offering:
- Doing business in Europe: general awareness and information on Europe tax, legal and accounting requirements;
- Individual comparison and benchmark: specific review for similarities and differences applied to the particular context of the company, in every aspect of financial reporting : evaluation, presentation, information;
- Particular topics: in-depth review for the harmonisation of complex issues.
Oui Global assistance is always personalised, and can be directed at groups or individuals.