Optimizing return on investment during the build-phase involves effectively managing costs and ensuring timely completion of tasks.

Your key questions, challenges and objectives


  • Companies in Germany are required to maintain proper bookkeeping. This means that all business transactions must be documented completely and in a timely manner
  • The bookkeeping must comply with the principles of proper accounting (GoB). This includes completeness, accuracy, and traceability of the entries
  • Companies must prepare a balance sheet and a profit and loss statement (P&L). These must be published annually
  • There are various legal retention periods for accounting documents. For example, commercial books and annual financial statements must be kept for at least 10 years

How we support


  • KPMG will take over the monthly bookkeeping to ensure compliance with the German regulations
  • Support with monthly reportings according to local GAAP as well as a bridging to a possible Group GAAP accounting
  • Preparation of annual financial statements based on the bookkeeping prepared by us or bookkeeping prepared by the client
  • Filing the annual financial statements with the company register
  • Support during the year end audit

Examples of relevant credentials

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