Financial Statements

Unlike abroad, drafting the annual financial statements and the consolidated accounts in Italy is a matter involving professionals who have a strong legal background in addition to the necessary accounting skills. Such expertise is crucial in our activites. Financial statements are drafted first and foremost based on a legal approach for the implications they may have in tax matters and bankruptcy procedures. This is even more important in light of the continuous legislative changes. 
In the accounting sector, our firm renders the following services:

  • Support in drafting the annual financial statements, including explanatory notes and the Directors’ report;

  • Support in drafting group accounts consolidation of, according to the principles provided for by the Italian Civil Code;

  • Support in defining the correct policies in accounting procedures (from a strictly legal point of view);

  • Holding positions on the company supervisory boards (board of statutory auditors, audit committee, supervisory board).