French Chartered Accountant for Cash Management and Monitoring
Increasing competition and rapid technological change require leaders to make swift and effective decisions. Rally drivers, registering many victories, are always accompanied by a…
You want to establish one or more interim accounting situations during the year or to produce monthly or quarterly reports in line with your expectations, those of the Group to which you belong or your business partners in France and within the agreed time frame.
As an english speaking CPA chartered accountant registered with the French Order of Chartered Accountants, we work on missions to establish interim financial statements during the year but also produce reports in French, English, Spanish or German languages according to your needs.
The correct entry of your accounting documents is the first step: bank statements, sales invoices, purchase invoices, fixed assets and depreciation, salaries, earnings allocation, etc. Analytic accounting can be implemented, per establishment, per business line, per contract, etc.
In the event that your finance department does the bookkeeping, we can review the accounts to propose the necessary corrections that need to be made so the accounts meet the French GAAP and current French tax regulations.
Once the accounts are revised, we then prepare the interim situation of the accounts with the provisions accordingly to produce interim balance sheet and income statement.
Once the interim accounts are established, we present them to you in the form of balance sheet and income statement, as well as intermediate balances of management, balance and ledger if you wish.
The balance sheet includes the assets and liabilities of the company. It includes the following major sections at the closing date of the period considered: fixed assets, accounts receivables and debts, cash and equity.
The income statement, also known as profit and loss, includes in France the company’s revenues and expenses related to its operations, financing and exceptional incomes over the period. It shows either a profit or a loss and can be broken down by analytical axes if necessary: by establishment, business line, geographical area, etc.
Income statement subtotals provide an understanding of the construction of earnings, based on several key indicators such as margin, EBITDA, operating income, etc. They can be built by analytical axis if needed.
The margin rate is a key financial indicator. Analyzed over several years, it allows to evaluate the company’s ability to protect its margins: the ability to develop its turnover, to pass on cost increases to its customers, to negotiate purchase costs with its suppliers, etc.
Cash flows are positive or negative. If they are positive, then the receipts are greater than the disbursements. It is interesting to compare cash flows with the cash forecast to anticipate any deviations and act accordingly.
The budget or forward-looking accounts is an estimate of the company’s balance sheet, earnings statement and cash flow for the current or future fiscal year. All the significant elements expected over the period under review should be taken into account before the forecast tables are built.
Free first consultation.
Increasing competition and rapid technological change require leaders to make swift and effective decisions. Rally drivers, registering many victories, are always accompanied by a…
The life of a company is not a long calm river: downturn in activity, occurrence of internal or external events, loss or failure of…
Intuition, while still valuable in business, is no longer enough to run a business today. The increasingly fierce competition, the rapid evolution of techniques…
Faced with the multiplicity of funding sources in France, it is particularly difficult for you to quickly analyze and identify the solutions that best…
Operating a dematerialization project requires anticipating your needs and analyzing your uses to define your future priorities based on your current operations. We still…
Accounting is for the entrepreneur both an obligation carrying relatively strong constraints and a certain complexity. Accounting is also an essential source of information…