German GAAP

Financial Statements

Translating data into financial clarity

The preparation of annual financial statements involves the creation of the annual financial statements of a company. This includes the preparation of the balance sheet, the income statement, the notes to the financial statements, and, if applicable, the management report. During the preparation of the annual financial statements, the financial transactions and business activities of a company are summarized and presented in a standardized format to provide an overview of the financial position, profitability, and assets of the company. The preparation of the annual financial statements is carried out in accordance with the applicable accounting standards and regulations in Germany.


  • 14.10.2023 – 07.01.2024
  • Sat, Sun: 8:30 – 13:00
  • Fees: 13.000 MAD

What you will learn in Financial Statements

In our course, we will cover the the following topics:

  1. Balance Sheet, Income Statement, Notes to the Financial Statements, Management Report
  2. German Principles of Proper Accounting
  3. Intangible Assets
  4. Property, Plant, and Equipment
  5. Maintenance Reserve
  6. Securities and Investments
  7. Inventory
  8. Provisions for Impending Losses
  9. Accounts Receivable
  10. Liabilities
  11. Provisions for Taxes
  12. Foreign Currency Valuation
  13. Equity in Partnerships and Corporations

Next step: Tax Accounting

Tax accounting refers to the process of preparing and reporting financial information for tax purposes. It involves…