Accounting firm

Basics

Ein Buchhaltungsunternehmen erfasst Geschäftsvorfälle, führt Account assignments through, created Booking entries and maintains main and subsidiary ledgers. This also includes the reconciliation of debtor and creditor accounts and the creation of business evaluations.

The responsibility for the proper functioning of bookkeeping remains with the commissioning company.

Legal framework

The performance of ongoing accounting work is regulated by law. An accounting firm may only provide services within the permissible scope. Tax advice or legal representation is regulated separately.

Systematic classification

• Accounting firm
• Accounting service providers
• Financial accounting service providers
• External accounting
• Double-entry bookkeeping

The term is often used synonymously with accounting firm or accounting service provider.

Typical areas of responsibility

• Live booking of business transactions
• Content alignment
• Accounting system maintenance
• Creation of business management evaluations
• Preparatory activities for final theses

Typical procedure

1. Provision of accounting records
2. Recording and accounting
3. System Entry
4. Content alignment
5. Provision of evaluations

Practical relevance

In practice, accounting firms often work digitally and in a process-oriented manner. A clear division of tasks and responsibilities is essential from an organisational perspective.

Typical sources of error

FAQ

Conclusion

An accounting firm undertakes ongoing bookkeeping services within the legally permissible framework, and must be clearly distinguished from tax advisory services.