Reporting

Management reporting to support data-driven business decisions

We think it is particularly important that the information needed to make management decisions is given to our clients in the desired format. This is why financial reporting forms an integral part of our comprehensive accounting services for the majority of our clients and based on their needs.

Accounting systems optimised for reporting

During the development of the bookkeeping system we take into account the structure of the reports to be made, and even roll out cost-centre accounting or possibly alternative general ledger account numbers.

Our reporting support solutions

roll-out of cost-centre accounting
introduction of alternative general ledger account numbers
ensuring compliance between the parent company’s chart of accounts and that of the Hungarian entity
bookkeeping according to the system and chart of accounts developed by the parent company, where necessary
support in the preparation of group reports

International and group reporting services

We have substantial experience in reporting tasks for many international groups of companies. We strive to leverage this experience for the benefit of our clients. If needed we compile reports according to foreign accounting rules.

Reporting frameworks applied

IFRS
German GAAP (HGB)
US GAAP
individual group requirements

Regular data submissions and management reports

If necessary we can support our clients’ operations with other data submissions and reports, be they bank reports or accounts receivable.

Frequently prepared reports

management reports
bank reports
reports of accounts receivable
individual data submissions
group reports

When preparing the reports we try and make the most of the flexibility of our bookkeeping system and the solutions offered.

Quality assurance, international communication

The reports compiled based on the bookkeeping figures are prepared after checks carried out on the base data. We use checklists developed in advance under our ISO 9001 and 27001 procedures during monthly and annual reporting, thereby ensuring that all the accounting information is checked. Reports tailored to the company’s needs are compiled by our experienced staff, and so we strive to ensure the content of the documents is reliably authentic to serve as the basis for management decisions.

Our staff liaise in foreign languages (English and German) with the reporting teams of the foreign parent company, and adhere stringently to the reporting deadlines set for them. When compiling period reports we focus on clarifying the issues that arise to ensure the annual close goes as smoothly as possible.

Analysis of reports and decision support

We analyse the prepared reports during face-to-face discussions if required, as well as offering support to our clients with preparing plans and forecasts.

Additional support services

analysis of prepared reports during face-to-face discussions
support with preparing plans and forecasts
preparation of data reports for banks based on ad-hoc demands in special cases
preparation of data reports submitted to authorities as part of leniency applications
preparation of special business and financial reports

We strive to ensure that our clients know and understand the data and connections underlying the reports, to which end we try to respond as quickly and in as much detail as possible to any questions that arise.