What do the financial statements include?

Every year your company has to disclose its financial statements. Which information do the financial statements have to contain?

What does an annual report include?

If a company is obligated to draw up an annual report, depends on the size of the company. What is the content of the annual report?

What are consolidated financial statements?

The parent company can decide to include the financial statements of its subsidiaries in its own financial statements. Why would the parent company do this?

What are the requirements for the financial statements?

The requirements for the financial statements depend on the size of the company.

Who has the responsibility to draw up, check and approve the financial statements?

Who has to draw up the financial statements? Who has to check them? Whose approval is needed before publishing?

When do the financial statements and the annual report have to be published?

What is the procedure for publishing the financial statements and the annual report? How much time does the company have for this procedure?