Accounting firm refers to a service company that carries out ongoing bookkeeping work for other companies within the legally permissible framework.
Basics
An accounting firm takes over organisationally outsourced tasks of Financial accounting. This includes in particular the recording of receipts, which Account assignment, creation of Booking entries and account reconciliations.
The activity is limited to ongoing bookkeeping work and must be distinguished from tax advisory services.
Legal framework
The performance of accounting work is regulated by law. An accounting firm may only provide services within the permissible scope and may not undertake any tax advisory or legal services beyond that.
Systematic classification
An accounting firm is to be understood organizationally as an external component of accounting.
Typical activities
- Ongoing recording of business transactions
- Reconciliation of debtor and creditor accounts
- Open item list maintenance
- Preparation of evaluations
- Assistance with preparatory final works
Organisational Procedure
- Provision of accounting documents by the company
- Recording and processing in the accounting system
- Voting and plausibility check
- Provision of evaluations and documentation
Practical relevance
In practice, an accounting firm often works closely with internal contact persons or a designated tax advisor. The division of tasks should be clearly defined and documented.
Typical sources of error
- Unclear definition of tasks and responsibilities
- Incomplete documents
- Missing coordination processes
FAQ
Kann ein Buchhaltungsbüro einen Jahresabschluss erstellen?
An accounting firm can carry out preparatory work. The preparation and tax assessment of the annual financial statements are carried out within the scope of legally regulated responsibilities.
Conclusion
An accounting firm is an external service provider for ongoing bookkeeping tasks. It is clearly distinct from tax advice and is organisationally part of external accounting.
Brasser Accounting Solutions GmbH is a specialised accounting service provider and part of a corporate group with Quint GmbH (tax consultancy/auditing) and Service Place Årjäng AB (Swedish tax office). BAS exclusively performs services according to § 6 No. 3 and 4 StBerG and does not provide tax or legal advice.
