Balance sheet

Efficient financial planning with a focus on CAFM, IT and management. Expert knowledge, market innovations and innovative solutions.

The basics of e-balance sheets: what every company should know

The electronic balance sheet, also known as the e-balance sheet, is a topic that challenges SMEs in particular every year ("What was that again, Mr Müller, with the e-bill?"). Companies are faced with the challenge of meeting the requirements of the digital transformation. And the e-balance sheet is a central component of this process. It enables the efficient and error-free preparation and submission of annual financial statements in a digital format. At least in terms of the idea. [...]

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Explanation: Fundamentals of accounting for beginners in financial management.

Bookkeeping for beginners: A comprehensive guide for newcomers

Bookkeeping can seem like a huge maze, especially when you're just starting out. But don't worry. Because every one of us has taken that first step and asked ourselves, "Where do I start?" The world of financial accounting, payroll and bookkeeping can be overwhelming, but with the right guide, it quickly becomes comprehensible. According to numerous studies, companies that manage their accounting efficiently are more likely to be financially successful. But how

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Precise accounting processes for financial management.

Accounting methods: A guide

Accounting is a key element of financial reporting and plays a decisive role in the financial reporting of companies. It makes it possible to present the assets, financial position and earnings of a company at a specific point in time. The choice of accounting method has far-reaching effects on the presentation of a company's financial situation and can therefore also influence the decisions of investors, creditors and other stakeholders. In practice, there are various

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Innovative IT solutions for facility management.

IFRS 16: New rules for leases

IFRS 16, which came into force in January 2019, represents a significant change in the accounting of leases. The standard was developed by the International Accounting Standards Board (IASB) to increase the transparency and comparability of financial reporting. Prior to the introduction of IFRS 16, companies had to distinguish between operating leases and finance leases, which often led to an incomplete presentation of financial obligations. With the new regulation, a

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Lease accounting: new rules and effects

Lease accounting is a key aspect of accounting that is of great importance to companies. It refers to the way in which leases are recognised and reported in a company's financial statements. Leasing is a widely used form of financing that allows companies to utilise assets without acquiring them directly. This can be particularly beneficial for companies that want to preserve their liquidity while gaining access to modern technologies.

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Sustainable property development: future-proof construction projects

Sustainable property development is a concept that aims to meet the needs of the current generation without jeopardising the opportunities of future generations. This form of development takes into account ecological, economic and social aspects in order to create a balance between these dimensions. The aim is to create buildings and infrastructure that are not only functional and aesthetically pleasing, but also environmentally friendly and resource-efficient. The definition of sustainable property development therefore encompasses a variety of

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What does a tax audit mean?

What does a tax audit mean?

A tax audit is a systematic examination of a company's tax situation by the tax authorities (and as long as you're not Al Capone, everything should be fine, just to clarify...). It serves to verify the accuracy and completeness of tax information and compliance with applicable tax laws. The audit can cover one or more tax periods and involves analysing accounting records, receipts and other relevant documents. Tax audits can be announced

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3. State-of-the-art CAD model of a building with digital infrastructure and smart technologies.

Accounting guidelines: A guide

Accounting policies are an important part of any organisation, regardless of its size or industry. These policies serve to ensure the financial integrity of the organisation and ensure that all business transactions are properly recorded and documented. They also help to ensure compliance with legal and tax regulations. In this article, we will take an in-depth look at basic accounting policies and explain their importance for small businesses. The compliance

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3. State-of-the-art CAD model of a building with digital infrastructure and smart technologies.

Annual financial statements: How to present your balance sheet professionally

The annual financial statement is an important part of business life and plays a crucial role for companies. It provides a comprehensive overview of a company's financial position at the end of the financial year and enables stakeholders to make informed decisions. In this article, we will take a closer look at the importance of the year-end statement for your company and discuss the various aspects that need to be considered when preparing and interpreting it. Key Takeaways The

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Sustainable Construction: Sustainable Architecture

Sustainable Construction: Sustainable Architecture

Sustainable building is a concept that is becoming increasingly important in today's world. It refers to the design and construction of buildings that are ecologically, economically and socially compatible. Sustainable construction takes into account the impact on the environment, the economy and society and strives to minimise this impact. In this article, we will take a closer look at the concept of sustainable construction and its importance.

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3. State-of-the-art CAD model of a building with digital infrastructure and smart technologies.

Depreciation: How to save taxes

Depreciation is an important aspect for businesses and individuals to understand their financial situation and save tax. It is important to understand how assets depreciate over time and how this can affect the tax burden. In this article, we will explore the different types of depreciation, how it is calculated and how it affects the balance sheet and income statement. Key Takeaways

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3. State-of-the-art CAD model of a building with digital infrastructure and smart technologies.

The balance sheet: a success factor for companies

A balance sheet is an important tool for companies and investors to assess the financial health of a company. It provides an overview of a company's assets, liabilities and equity at a specific point in time. A meaningful balance sheet is crucial for a company's financial planning and budgeting and can help investors make informed decisions. Key takeaways A balance sheet is an overview of the net assets, financial position and results of operations of a company.

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3. State-of-the-art CAD model of a building with digital infrastructure and smart technologies.

Accounting terms: The ABC of the financial world

Accounting is an essential part of any business, regardless of its size or industry. Proper bookkeeping allows companies to monitor their financial situation, make decisions based on accurate data and fulfil legal requirements. In this blog post, we will cover the most important accounting topics and give you a comprehensive overview of the different aspects. Key takeaways Bookkeeping is the systematic recording and processing

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Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!]

Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!]

Accounting is an essential part of every company. It enables the company's financial situation to be monitored, transactions to be tracked and reports to be prepared. Proper bookkeeping is crucial to ensure the success of a business and to fulfil legal requirements. In this article, we will take a closer look at the importance of bookkeeping for businesses and highlight the different aspects of bookkeeping. Key Takeaways Bookkeeping is the systematic

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Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!]

Bookkeeping for beginners: the most important basics explained

Accounting is an essential part of every company, regardless of its size or sector. It involves the systematic recording, organising and recording of all financial transactions that a company undertakes. In this blog post, we will take a closer look at the different aspects of bookkeeping to gain a better understanding of its importance and requirements. Key Takeaways Bookkeeping is the systematic recording and analysing of business transactions. Companies need to keep accounts when

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What is the difference between operating leasing and finance leasing?

What is the difference between operating leasing and finance leasing?

Leasing is an important financing method for companies, especially those that need to make large investments but do not have sufficient capital. It allows them to use assets such as machinery, vehicles or property without having to buy them. There are different types of leases, including operating leases and finance leases. In this article, we will explore the differences between these two types of leases and analyse their impact on businesses. Key Takeaways

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IFRS 16 Leasing: What companies need to know about the new regulations

IFRS 16 Leasing: What companies need to know about the new regulations

The International Financial Reporting Standards (IFRS) are a series of accounting standards developed by the International Accounting Standards Board (IASB). One of the latest standards is IFRS 16, which came into force in January 2019. This standard has a significant impact on lease accounting and is therefore of great importance to companies. What is IFRS 16 and why was it introduced? IFRS 16 is an accounting standard,

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