Auditing & Accounting

GGI is one of the leading international alliances of independent audit companies. GGI member firms have a wealth of experience in bookkeeping, accounting and auditing. They assist all legal forms of national and international companies across a range of industries as well as public sector organisations. Auditing is a task that comes with great responsibility – and we know what people expect of GGI member firms.

Legal & Statutory Audits
Auditing involves much more than just the legal obligation of certifying annual accounts. Whether annual and consolidated accounts or special audit services and certifications, having the objective judgment of external auditors makes information more reliable for all decision makers.

GGI's professionals have many years' experience, competence, industry knowledge and integrity, and can call on an international platform which supports local clients individually.
Business today is more dynamic than ever before, and as a result it is also plagued by uncertainty. Companies now find themselves in an increasingly complex environment that carries many significant risks. However, there are solutions and answers.

GGI member firms can help you identify risks as well as giving you the certainty that you are making the right decisions for the future of your business. The range of aspects involved is varied, and often entails areas of business that do not form part of conventional annual audits. This is precisely where our members would like to offer you added certainty.
Special Purpose Audits
No matter what kind of audience you are gathering information for, inside or outside your business, special purpose audits give GGI member firms’ certifications certainty, which reinforces a sense of trust and enables competitive advantages.

Audit services by GGI member firm professionals generate confidence and certainty. Based on their industry and knowledge, independent professionals can verify that information is in order and processes are working effectively.
Internal Audit
Internal audits are developing into an independent, objective management tool. With a particular focus on internal control systems and risk management, internal audits inspect organisational structures and business procedures. They help businesses recognise, manage and reduce risks. This creates certainty for management and makes it possible for strategic goals to be achieved.
As a result of continuous developments, the complexity of IFRS (International Financial Reporting Standards) is steadily increasing. While regulators and standards bodies are putting ever higher demands on financial reporting, investors and other stakeholders demand prompt, careful, reliable reporting.

GGI's independent member firm auditors and advisors can help you avoid unwanted surprises when using IFRS and deal promptly with new and revised standards.
US Generally Accepted Accounting Principles (US GAAP) and the rules of the US Securities and Exchange Commission (SEC) are constantly developing and becoming increasingly complex. The demand for prompt, careful and reliable financial reporting is always increasing, while the demands of regulators, standards bodies and investors are becoming more stringent.
Forensic Accounting & Legal Support
It is precisely in difficult economic times that preventing and investigating financial crime such as embezzlement, fraud and corruption becomes particularly important. We help businesses define their responsibilities as well as tracing and investigating fraud using forensic IT solutions.

GGI member firms also advise on disputes, providing expert opinion in arbitration and legal proceedings, commercial contracts and insurance claims.
Regulatory & Compliance Services
The regulatory framework is always changing, making this environment increasingly complex and confusing for businesses. Regulations at national, international and supranational levels are being issued, amended or expanded, which sometimes makes it hard to navigate through the maze of orders, decrees, guidelines and circulars.

This is not helped by the fact that businesses also need to assess the potential effects of future regulations. Their professionals can help you manage compliance risks, an operation essential to achieving lasting business success today, as compliance breaches can cause considerable damage, which may even put the future of a company at risk.
Preparing Accounts & Management Information Systems
Management needs a focused, decision-making basis if it is to drive business successfully and effectively. Constantly gathering, analysing and interpreting data and information makes it possible to establish a database, which can be used as a basis for management decisions.

GGI member firms help businesses produce their monthly and annual accounts, budgets (forecasting) and cash management, as well as facilitating meaningful corporate reporting. And, of course, their professionals are able to answer any questions on current national and international accounting and reporting rules.
Payroll Administration
Wages and salaries accounts are a sensitive area for a business, because those who work in this domain deal with confidential staff data; and continuous changes to tax and social security law carry risks businesses often underestimate. It can be advantageous for many businesses to outsource their wages and salaries accounting.

External payroll administration offers many benefits: you profit from the knowledge and experience of GGI member firm professionals and the state-of-the-art IT systems they use as well as procedures for efficient, cost-effective solutions. GGI member firms assist employers in all aspects of income tax and social security.