{"id":4463,"date":"2026-04-20T08:46:34","date_gmt":"2026-04-20T08:46:34","guid":{"rendered":"https:\/\/www.brasser-accounting.de\/?post_type=glossar&#038;p=4463"},"modified":"2026-05-12T10:13:09","modified_gmt":"2026-05-12T10:13:09","slug":"accounting-firm","status":"publish","type":"glossar","link":"https:\/\/www.brasser-accounting.de\/en\/glossar\/finanzbuchhaltungsbuero\/","title":{"rendered":"Accounting firm"},"content":{"rendered":"<nav class=\"toc\" aria-label=\"Table of Contents\">\n<h2>Table of Contents<\/h2>\n<ul>\n<li><a href=\"#einleitung\">Brief definition<\/a><\/li>\n<li><a href=\"#grundlagen\">Basics<\/a><\/li>\n<li><a href=\"#recht\">Legal framework<\/a><\/li>\n<li><a href=\"#einordnung\">Classification<\/a><\/li>\n<li><a href=\"#tools\">Tasks<\/a><\/li>\n<li><a href=\"#schritte\">Procedure<\/a><\/li>\n<li><a href=\"#praxis\">Practice<\/a><\/li>\n<li><a href=\"#fehler\">Sources of error<\/a><\/li>\n<li><a href=\"#faq\">FAQ<\/a><\/li>\n<li><a href=\"#fazit\">Conclusion<\/a><\/li>\n<\/ul>\n<\/nav>\n\n<section id=\"einleitung\">\n<div class=\"snippet info\">\n<p><strong>Accounting firm<\/strong> refers to an external company that, for other companies, runs ongoing <a href=\"\/en\/glossary\/financial-accounting\/\">Financial accounting<\/a> within the legally permissible framework.<\/p>\n<\/div>\n<\/section>\n\n<section id=\"grundlagen\">\n<h2>Basics<\/h2>\n<p>A financial accounting firm records business transactions, performs <a href=\"\/en\/glossary\/accounting-entry\/\">Account assignments<\/a> through, created <a href=\"\/en\/glossary\/booking-entry\/\">Booking entries<\/a> and maintains main and subsidiary ledgers. This also includes the reconciliation of debtor and creditor accounts and the creation of business evaluations.<\/p>\n<p>The responsibility for the proper functioning of bookkeeping remains with the commissioning company.<\/p>\n<\/section>\n\n<section id=\"recht\">\n<h2>Legal framework<\/h2>\n<p>The performance of ongoing bookkeeping work is regulated by law. A financial accounting firm may only carry out activities within the scope permitted. Tax advice or legal representation is regulated separately.<\/p>\n<\/section>\n\n<section id=\"einordnung\">\n<h2>Systematic classification<\/h2>\n<ul>\n<li><a href=\"\/en\/glossary\/finanzbuchhaltung-dienstleister\/\">Financial accounting service providers<\/a><\/li>\n<li><a href=\"\/en\/glossary\/buchhaltungsfirma\/\">Accounting firm<\/a><\/li>\n<li><a href=\"\/en\/glossary\/external-financial-accounting\/\">External accounting<\/a><\/li>\n<li><a href=\"\/en\/glossary\/double-entry-bookkeeping\/\">Double-entry bookkeeping<\/a><\/li>\n<li><a href=\"\/en\/glossary\/jahresabschluss-vorbereiten\/\">Prepare year-end accounts<\/a><\/li>\n<\/ul>\n<p>The term is often used synonymously with financial accounting service provider or accounting firm.<\/p>\n<\/section>\n\n<section id=\"tools\">\n<h2>Typical areas of responsibility<\/h2>\n<ul>\n<li>Live booking of business transactions<\/li>\n<li>Content alignment<\/li>\n<li>Accounting system maintenance<\/li>\n<li>Creation of business management evaluations<\/li>\n<li>Preparatory activities for final theses<\/li>\n<\/ul>\n<\/section>\n\n<section id=\"schritte\">\n<h2>Typical procedure<\/h2>\n<ol>\n<li>Provision of accounting records<\/li>\n<li>Recording and accounting<\/li>\n<li>System Entry<\/li>\n<li>Content alignment<\/li>\n<li>Provision of evaluations<\/li>\n<\/ol>\n<\/section>\n\n<section id=\"praxis\">\n<h2>Practical relevance<\/h2>\n<p>In practice, financial accounting firms often work digitally and process-oriented. A clear division of tasks and responsibilities is organisationally essential.<\/p>\n<\/section>\n\n<section id=\"fehler\">\n<h2>Typical sources of error<\/h2>\n<div class=\"snippet warn\">\n<ul>\n<li>Incomplete documents<\/li>\n<li>Missing account reconciliation<\/li>\n<li>Unclear responsibilities<\/li>\n<\/ul>\n<\/div>\n<\/section>\n\n<section id=\"faq\">\n<h2>FAQ<\/h2>\n<div class=\"snippet info\">\n        <h3>Does the company remain liable?<\/h3>\n        <p>Yes. Even if performed externally, the company remains responsible for the regularity of its accounting.<\/p>\n      <\/div>\n<\/section>\n\n<section id=\"fazit\">\n<h2>Conclusion<\/h2>\n<p>A financial accounting firm undertakes ongoing financial accounting within the legally permissible framework and must be clearly distinguished from tax advice.<\/p>\n<\/section>\n\n<footer class=\"author\">\n        <strong>Author<\/strong>\n        <span>the BAS editorial team<\/span>\n        <span class=\"note\">Services pursuant to \u00a7 6 No. 3 and 4 StBerG, no tax or legal advice.<\/span>\n      <\/footer>\n\n<p class=\"disclaimer\">\nBrasser Accounting Solutions GmbH is a specialised accounting service provider and part of a corporate group with Quint GmbH (tax consultancy\/auditing) and Service Place \u00c5rj\u00e4ng AB (Swedish tax office). BAS exclusively performs services according to \u00a7 6 No. 3 and 4 StBerG and does not provide tax or legal advice.\n<\/p>","protected":false},"template":"","glossar-kategorien":[22],"class_list":["post-4463","glossar","type-glossar","status-publish","hentry","glossar-kategorien-markt-positionierung"],"_links":{"self":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar\/4463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/types\/glossar"}],"wp:attachment":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/media?parent=4463"}],"wp:term":[{"taxonomy":"glossar-kategorien","embeddable":true,"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar-kategorien?post=4463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}