Interim Head of Accounting ensures efficient financial reporting in companies for digital tax services
By clicking "Accept All Cookies", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.
Management of the audit of the individual and consolidated financial statements
Interim Head of Accounting
Use cases
Ongoing accounting and process optimization
Support and review of the month-end closing - Transaction evaluation and contact person for the team
Main contact for the purchase price allocation (PPA)
Preparation of individual and consolidated financial statements
Preparation of notes and management reports
Management of the audit by the auditor
"I can only recommend working with torq. partners to anyone. Your Interim Head of Accounting brought structure to our processes and ensured the successful completion of our annual financial statements."
-
VP Finance
Challenges
There was no contact person in the company for special transactions and accounting.
There was a lack of processes and responsibilities in the month-end closing process.
There was no project management or responsibility for newly defined processes at C-level.
The accounting documentation for the companies' monthly and annual financial statements was inadequate.
There were deficits and a lack of capacity for the individual and consolidated financial statements process.
Solution
Process documentation and presentation of recurring issues in the context of accounting and year-end closing work - Optimization of month-end closing work
Development of more efficient filing structures for the monthly and annual financial statements
Main contact person and knowledge transfer for the audit of the separate and consolidated financial statements
Impact
Our Interim Head of Accounting was able to stabilize the monthly and annual financial statements.
We ensured that the individual and consolidated financial statements were prepared in good time for the audit.
We helped to expand the accounting team's knowledge.
With our help, the final examination was successfully completed in 2023.
