Financial Accounting Advisory Services (FAAS)

At Reanda Netherlands, our Financial Accounting Advisory Services (FAAS) are designed to support international companies navigating the complexities of global financial reporting. As a regulated audit firm with a strong focus on transnational audits, we bring deep technical expertise and practical experience to help clients meet their financial reporting obligations under IFRS, US GAAP, and Dutch GAAP.

”We provide accountancy services and support to international companies with subsidiaries in the Netherlands with compilation of financial reports.”

We provide comprehensive support across the financial reporting lifecycle, including:

Compilation of Consolidated Financial Statements
We assist in the preparation and review of consolidated financial statements, ensuring compliance with the applicable accounting framework and alignment with group reporting requirements.

First-Time Adoption of IFRS
Transitioning to IFRS can be complex. We guide clients through the first-time adoption process, including impact assessments, reconciliations, and disclosures, ensuring a smooth and compliant transition.

GAAP Conversions
Whether converting from Dutch GAAP to IFRS, US GAAP to IFRS, or vice versa, we help identify key accounting differences, prepare accounting position papers, and implement the necessary adjustments to ensure accurate and transparent reporting.

Accounting Policies and Manuals
We develop tailored accounting policies and manuals that reflect your business model and comply with the relevant standards, providing a consistent framework for financial reporting.

Implementation of New Standards
Our team supports the adoption of new or revised accounting standards, offering technical guidance, training, and implementation support to ensure timely and accurate compliance.

Review of Financial Statements
We perform independent reviews of financial statements to enhance their reliability and compliance, offering insights into potential improvements and risk areas.

Post-Deal Accounting Support
Following mergers, acquisitions, or restructurings, we provide accounting support for purchase price allocations, goodwill assessments, and integration of financial reporting systems.

Finance process efficiency improvement
Improving efficiency of the finance function, ensuring a fast financial close process by enhancing the financial reporting and closing process.

Finance process quality improvement
Improving the accounting manual, implementing a risk based closing approach and setting up a full 3 lines of defense model.

Internal controls (SOX)
Support with implementation, rationalization and automation of internal control frameworks (including SOX), achieving control improvement and efficiency.

Audit readiness / pre audit services
Ensure audit readiness with a solid audit trail, audit files and working papers including high-end technical financial reporting/accounting resourcing support. Leading to an effective closing and audit process and no last-minute surprises.

Why working together?

As part of the Reanda International network and a member of the Forum of Firms, we are committed to delivering high-quality, globally consistent financial reporting solutions. Our clients benefit from:

A dedicated team

With deep knowledge of IFRS, US GAAP, and Dutch GAAP

Proven experience

In cross-border engagements and multinational group structures

A pragmatic, hands-on approach

Tailored to your business needs

Seamless collaboration

With audit and tax teams to ensure holistic support

Whether you are preparing for a capital market transaction, undergoing a GAAP conversion, or seeking to enhance your financial reporting processes, Reanda Netherlands is your trusted partner in financial accounting advisory.