Business and Finance
We know that there are significant differences in the accounting treatment under German GAAP and IAS/IFRS.
We know that depending on the accounting principles applied “fixed assets” or “property, plant and equipment” is the right term for “Sachanlagen”. We also know that a Management Report is part of the annual accounts of a company. The words "commerce", "retail" or "trade" all translate as “Handel” in German and a German Gesellschafter may be a "shareholder", "stockholder", "partner" or "member” depending on the company form. There are many pitfalls when translating economic texts. Speak the language of your business partner. We support you with our proven financial experts throughout the world!