Doing business abroad can have its challenges. You want to work with a firm that specializes in the international arena to help you overcome these obstacles.
We have invested significant resources to understand the unique issues you will face. We undergo specialized training focused on international business and accounting matters, and we participate in internationally minded organizations so that we can provide introductions and resources for our clients.
Our international assurance services include:
- U.S. Subsidiary Reporting
- Foreign Operations
- Foreign Bases of Accounting
- Foreign Currency Reporting and Hedging
Foreign Bases of Accounting
Barnes Dennig assists companies with the use of International Financial Reporting Standards (IFRS), German GAAP, Handelsgesetzbuch (HGB), Swiss GAAP and Japanese GAAP.
Many financial statement users require the use of IFRS, or other foreign bases of accounting, for financial statements of U.S. companies. Barnes Dennig has worked with many companies in the establishment of international or foreign accounting frameworks. From full implementation of the accounting basis to assistance with reconciling financial statement balances from U.S. GAAP to the foreign basis, Barnes Dennig can provide the solution that meets the requirements of your organization.
In addition, Director Tom Groskopf was appointed by the IFRS Foundation to the IFRS for SME Implementation Group. This appointment gave him extensive insight into the implementation of IFRS and he has gained extensive experience in applying IFRS and answering technical inquiries on IFRS.
Deciphering the International Tax Code
Read more about our International Tax Services here.