Haufe Annual Conference: Accounting and annual financial statements

A. Overview of Current Legal Developments 26/27 and Their Implications for Accounting Policy

• Economic policy and corporate law framework conditions.
• Laws and proposed legislation that affect financial reporting.
• Professional Accounting Standards.
• An Overview of Recent Developments in Financial Statement Tax Law.

B. Practical Aspects: Recent Changes and Developments in Financial Statements

among other things

• Act on an Immediate Tax Investment Program to Strengthen Germany as a Business Location.
• Investment Boosters in Practical Application.
• Overview of Depreciation Rules.
• The Component Approach in Practice.

• Developments Regarding IDW RS IFA 1 (Revised Version)

• Accounting for Investments in Partnerships.

C. Implications for Accounting Policy

• Accounting Policy Tools.

• The scope of discretion in practical application.

• “Financial Statements Prepared Under Pressure” – Potential Hazards and Liability Risks Related to the Going Concern Assumption, Discretionary Judgment and Valuation Margins, and Restructuring Measures.

D. Current Focus Areas in Accounting

• Digitalization with a Practical Focus.
  •  The Latest on Digitalization.
  •  Cyber Risks in Accounting.
  •  Digital Processes and Fast Close.
  •  Automation of the Year-End Closing Process and AI.

2. Practice Seminar: “Disclosure of Errors in Financial Statements.”

E. Updates on Management Reporting

• Cybersecurity in Management Reports.
• Sustainability reporting.
• Practical examples and information from the DRSC.

In addition, you’ll receive a reference guide covering the key areas of annual financial statements under commercial and tax law: an overview of the most important aspects of current accounting and valuation issues. 

• General Focus Areas for Year-End Financial Statements Under Commercial and Tax Law.
• Standards for the Preparation and Reporting of Financial Statements.
• Fundamentals of Management Reporting.
• Consolidated financial statements in accordance with the German Commercial Code (HGB).
• Key Topics in Accounting.