Against a backdrop of growing internationalisation of accounting standards and the increasing complexity of transactions, accounting practice is becoming a key element in the success of any transaction.
At Arendt our ambition is always to anticipate our clients’ needs, no matter how complex.
As a complement to the range of services we provide our clients, we offer financial reporting and accounting standards expertise regarding Luxembourg generally accepted accounting principles, Belgian GAAP, European accounting law, International Financial Reporting Standards, not-for profit accounting law, and public sector accounting law.
This service is complementary to many of our firm's practices, especially tax, corporate, M&A, capital markets, banking and finance, investment management and private equity/real estate.
In line with Arendt's philosophy, the financial reporting and accounting standards team offers seamless, integrated services, collaborating closely with lawyers in other practice areas. This ensures immediate access to information as well as rapid and high-quality project delivery, saving our clients significant management time.
We can assist in four main areas:
- Determination of financial reporting requirements, for instance for funds or capital markets.
- Determination of the accounting treatment of complex transactions.
- Assistance in transactions such as M&A and in areas such as tax.
- Expertise and training relating to IFRS and national GAAP, including second opinion and internal reporting under IFRS.