Financial statements tailored to business and international requirements

Financial statements are one of the most important reflections of a company’s financial operations. In an ownership, investor or international corporate group environment, the quality of financial statements directly affects transparency, decision-making and trust.

Grant Thornton’s financial statement preparation service ensures that financial statements are prepared in a professionally sound, auditable and internationally comparable format – in accordance with Hungarian accounting rules or IFRS / US GAAP standards.

When can using the service be appropriate?

The service can be particularly relevant:

  • in the case of IFRS or US GAAP reporting obligations,
  • in a foreign ownership or parent company environment,
  • to improve the efficiency of audit processes,
  • following a financial year involving complex transactions or organisational changes,
  • or for companies where the international comparability of financial data is a key consideration.

What does our service include?

We tailor the financial statement preparation process to the company’s operations and reporting requirements. Our service includes, among other things:

  • preparation of annual and interim financial statements,
  • reporting in accordance with Hungarian accounting rules and international standards,
  • preparation of cash flow statements and notes to the financial statements,
  • provision of audit-ready documentation,
  • support for consolidation packages.

How do we work?

We base financial statement preparation on controlled data quality, documented processes and close professional cooperation. Where required, our IFRS, US GAAP and accounting specialists work together to support the treatment of more complex accounting matters and discussions with auditors.

What business benefits can it provide?

Accurate and structured financial statements can support a faster audit process, more predictable reporting and greater financial transparency. Financial statements prepared in accordance with international standards can also strengthen the confidence of owners and investors.