Our Services
Range of services
Kleeberg distinguishes itself in the area of Financial Accounting & Advisory Services through a broad range of services. Our experienced professionals offer qualified support based on comprehensive qualifications and many years of expertise. By combining experience in process optimization, diverse industries and client structures as well as our audit expertise on interface consulting, we pursue a holistic consulting approach. Thus, we ensure process-orientated consulting for your business at the highest professional level.
Accounting & Reporting
To ensure that your financial data is accurately recorded and presented in accordance with national and international standards, Kleeberg offers comprehensive financial statement preparation and financial accounting services in accordance with German Accounting Principles (HGB) and International Financial Reporting Standards (IFRS) to help you ensure your financial integrity and build stakeholder confidence. Our experts are accomplished in the intricacies of German accounting principles (HGB) as well as the globally recognized International Financial Reporting Standards (IFRS). We handle all aspects of accounting, from the accurate recording and classification of your transactions to the preparation of financial statements as well as financial reports.
In the complex world of consolidated financial statements, profound knowledge of national and international accounting and consolidation rules is crucial. Kleeberg provides support in the preparation of consolidated financial statements, group-wide reporting or the development of a consolidation tool. Kleeberg offers solutions designed to your specifications for smooth consolidation, from the handling of subsidiaries to minority interests and initial consolidation. We support you in setting up the intercompany reconciliation process and ensure that your consolidated financial statements meet the highest standards.
Due to the advancing internationalization of the economy and the transnational integration of the capital markets, the relevance of uniform accounting standards at international level is increasing. The EU-wide obligation for capital market-oriented parent companies to prepare consolidated financial statements according to International Financial Reporting Standards (IFRS) has elevated these accounting standards to the “capital market language” in Europe. For non-capital-market-oriented companies, e. g. the new capital adequacy agreements (“Basel I to IV”) are reinforcing the trend towards converting accounting to international standards.
- We guide you through the conversion process based on our previous experience
- Together we work out the basic principles and timelines to ensure efficient and problem-free transition.
- We advise clients on all necessary adjustments to their information and control systems.
- Our broad expertise in the application of IFRS makes us the perfect partner for specialized accounting and valuation issues and ideally suited to find solutions for complex accounting problems.
- When advising in connection with IFRS, we naturally take into account the specifics of each sector and legal form.
The cost of sales method enables sustainable as well as meaningful accounting, which thereby serves as a suitable decision-making basis for optimized corporate management. The changeover from the nature of expense method to the cost of sales method requires a comprehensive adaptation of the accounting system. This includes the necessary accounting recording of function-related costs, cost-related activities in the existing chart of accounts or possibly the introduction of a new chart of accounts to restructure cost items. In this context, Kleeberg is happy to support you not only with technical expertise but also with the conversion of your IT systems.
The spin-off of a business unit, a subsidiary or a business field from the parent company, also known as a carve-out, is a demanding process that comes with many challenges. With extensive experience in handling numerous carve-out transactions of various sizes and in different industries, Kleeberg can assist you with these demanding challenges and provide customized solutions for your project. In doing so, we are happy to assist you with all aspects of accounting, regulatory compliance and tax issues related to the carve-out. This includes support services in connection with the preparation of carve-out financials according to HGB or IFRS.
The responsibility of companies in terms of sustainability has never been as great as it is today. The social and regulatory pressure on companies shows that timely preparation and implementation of measures is required. Kleeberg supports clients individually in advising and auditing in the context of these sustainability issues, so that you are best prepared for the legal regulations. For more information see here.
Our services in the area of Sustainability include:
- Audit of non-financial reporting in accordance with CSR-RUG
- Audit of the sustainability report according to CSRD
- Reporting-related consulting for the preparation of a sustainability report
- ESG due diligence
- Support of the implementation of the EU Taxonomy Regulation
Process Optimization
Today’s accounting-related IT systems link information about finance, human resources, production and sales. They include warehouse management and order tracking systems, customer and supplier databases, financial accounting and much more. They can also include interfaces to suppliers and customers as needed. In this context, questions often arise regarding the efficiency of IT-supported work processes and the IT strategy of the company management. Existing structures frequently require the adaptation of business processes to integrated accounting systems.
- Depending on your requirements, we take on various tasks in accounting-related business process optimization.
- We offer in-depth and wide-ranging methodical knowledge backed by decades of experience in analysis, planning and modelling for optimizing your accounting processes and related operational procedures.
- We analyze the existing accounting system and make specific recommendations for improvement.
- We also help you with the design and introduction of process-related control and monitoring systems to ensure process compliance long-term.
The controlling & reporting process is the backbone of any financial organization. From budgeting and accounting to liquidity management and compliance, these processes play a critical role in managing your business. Here are some reasons why process automation can be of great importance to your business:
- Cost saving: By identifying and eliminating inefficient processes, you can achieve significant cost saving.
- Time efficiency: Streamlined financial processes allow your team to focus on strategic tasks instead of wasting time on manual or redundant work.
- Rule compliance: In today’s highly regulated environment, financial compliance is of utmost importance. Optimized processes ensure that you are legally compliant and avoid fines or legal problems.
- Better decision making: Accurate and timely financial reporting allows you to make informed business decisions and take advantage of opportunities to maximize your return on investment.
Overall, an optimized financial process structure offers your company the opportunity to improve the performance, minimize risks and achieve strategic goals.
- Depending on your requirements, we take on various tasks in the field of process automation in controlling & reporting.
- We offer you a distinctive technical and methodical knowledge paired with decades of experience in analysis, planning and modeling for the optimization as well as recognition of your automation potential in controlling & reporting.
- We are happy to advise and support you in the implementation of necessary tools and systems for the automated collection of financial and business data as well as data integration and consolidation of data from different sources. In doing so, we help you to create a coherent data basis for controlling and reporting and to create individual suggestions for improvement.
The internal audit function is no longer solely concerned with monitoring the company, it should also play a role in the development of the company and in increasing its value. For reasons of cost or efficiency, some companies delegate the internal audit function in whole or in part to third parties. In these cases, external parties take over, e. g. the audit of certain business areas or the evaluation and assessment of the internal control and monitoring system, thus allowing the company to benefit from professional resources on a short or long-term basis.
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- We take over various internal audit functions on request.
- This outsourcing allows clients to benefit from our versatile specialist and sector-specific expertise in accounting, valuation and risk-oriented auditing.
- We analyze the existing risk management system and, if needed, make suggestions for improvement.
- If the internal audit function remains with the client or is it to be initially set up we ensure that it works efficiently and effectively in accordance with modern standards.
- Here we can competently and reliably assess the effectiveness of an existing or the implementation of a functioning new internal audit organization, placing the focus on work processes and working methods, documentation and communication requirements as well as on quality measurement.
- When working in internal auditing, we naturally consider the specifics of each sector and legal form.
For more information on how we may be able to help you, e. g. in internal auditing and risk management, click here.
Process Optimization
Today’s accounting-related IT systems link information about finance, human resources, production and sales. They include warehouse management and order tracking systems, customer and supplier databases, financial accounting and much more. They can also include interfaces to suppliers and customers as needed. In this context, questions often arise regarding the efficiency of IT-supported work processes and the IT strategy of the company management. Existing structures frequently require the adaptation of business processes to integrated accounting systems.
- Depending on your requirements, we take on various tasks in accounting-related business process optimization.
- We offer in-depth and wide-ranging methodical knowledge backed by decades of experience in analysis, planning and modelling for optimizing your accounting processes and related operational procedures.
- We analyze the existing accounting system and make specific recommendations for improvement.
- We also help you with the design and introduction of process-related control and monitoring systems to ensure process compliance long-term.
The controlling & reporting process is the backbone of any financial organization. From budgeting and accounting to liquidity management and compliance, these processes play a critical role in managing your business. Here are some reasons why process automation can be of great importance to your business:
- Cost saving: By identifying and eliminating inefficient processes, you can achieve significant cost saving.
- Time efficiency: Streamlined financial processes allow your team to focus on strategic tasks instead of wasting time on manual or redundant work.
- Rule compliance: In today’s highly regulated environment, financial compliance is of utmost importance. Optimized processes ensure that you are legally compliant and avoid fines or legal problems.
- Better decision making: Accurate and timely financial reporting allows you to make informed business decisions and take advantage of opportunities to maximize your return on investment.
Overall, an optimized financial process structure offers your company the opportunity to improve the performance, minimize risks and achieve strategic goals.
- Depending on your requirements, we take on various tasks in the field of process automation in controlling & reporting.
- We offer you a distinctive technical and methodical knowledge paired with decades of experience in analysis, planning and modeling for the optimization as well as recognition of your automation potential in controlling & reporting.
- We are happy to advise and support you in the implementation of necessary tools and systems for the automated collection of financial and business data as well as data integration and consolidation of data from different sources. In doing so, we help you to create a coherent data basis for controlling and reporting and to create individual suggestions for improvement.
The internal audit function is no longer solely concerned with monitoring the company, it should also play a role in the development of the company and in increasing its value. For reasons of cost or efficiency, some companies delegate the internal audit function in whole or in part to third parties. In these cases, external parties take over, e. g. the audit of certain business areas or the evaluation and assessment of the internal control and monitoring system, thus allowing the company to benefit from professional resources on a short or long-term basis.
- We take over various internal audit functions on request.
- This outsourcing allows clients to benefit from our versatile specialist and sector-specific expertise in accounting, valuation and risk-oriented auditing.
- We analyze the existing risk management system and, if needed, make suggestions for improvement.
- If the internal audit function remains with the client or is it to be initially set up we ensure that it works efficiently and effectively in accordance with modern standards.
- Here we can competently and reliably assess the effectiveness of an existing or the implementation of a functioning new internal audit organization, placing the focus on work processes and working methods, documentation and communication requirements as well as on quality measurement.
- When working in internal auditing, we naturally consider the specifics of each sector and legal form.
Smart Financial Services
As a result of the growing complexity and acceleration of day-to-day business, financial managers are confronted with new challenges every day that require reliable, fast and smart solutions. Whether consolidated financial statements, planning or reporting: high data quality is required. As an integrated software solution, LucaNet facilitates financial statements, planning, consolidation and reporting. Automated processes enable you to obtain error-free data more quickly. Thanks to its innovative approach, 3900 customers in 50 countries already rely on LucaNet software, which is certified according to IDW PS 880.
With Kleeberg as your partner, you benefit from our experience in implementing LucaNet as group software and we accompany and support you in all phases of software implementation. With a holistic approach, we see your company through from process analysis to the operational set-up of a sustainable financial organization. Starting with the process analysis, we support you in setting up and optimizing structures and processes in the finance area. This includes, the professional training of Group Controlling in group accounting using the group software LucaNet. The focus is on the digitalization and optimization of processes in the finance area – with the aim of meeting the requirements for fast and flexible reporting of decision-relevant information. Within the scope of the project, you will be supported throughout by professionals who demonstrate comprehensive expertise in all areas of group accounting.
The LucaNet corporate performance management platform (CPM) enables you to prepare audit-proof financial statements including a fully automated consolidation routine for all consolidation steps, including capital consolidation in actual and in plan. It guarantees individual and consolidated financial statements with complete transparency regarding any adjustments (HB II/HB III, IFRS reconciliations, etc.) as well as complete documentation of all adjustments in the integrated accounting journal, including change log. Currency translation, including the reporting of all currency effects of foreign currency financial statements, is fully automated. Consolidation with LucaNet benefits from high data quality in the context of the individual and consolidated financial statements and increases the consolidation process’ transparency. The automated intercompany reconciliation creates a significant increase in efficiency in the consolidation process. Kleeberg is happy to support you with the following activities:
- Integration of the subsidiaries into the database and training for data entry
- Support in the development of the Group Report Reporting Package and data interfaces
- Support in the preparation of the Group Charts of Account as well as accounting guidelines on group level
- Support in the process setup of Group Accounting as well as the necessary consolidation steps
- Execution of training courses and trainings on database usage as well as content-related HGB/IFRS requirements
- Preparation of a user manual
LucaNet supports you as a user with the help of various forecast assistants to develop detailed plan time series. In addition to operative planning aspects in the P&L, such as sales, project or personnel planning, you can also create detailed planning for budgeting on the balance sheet side, such as investment and loan planning. In doing so, you can automatically determine the effects on the income statement, balance sheet and liquidity resulting from budget planning. The parameters for the automated creation of integrated financial planning, including direct liquidity planning, are defined in posting rules and payment behavior. Scenarios and (rolling) projections can be derived based on an existing plan. These can then be compared and evaluated using flexible views. Kleeberg will be happy to support and advise you in the development of a meaningful planning concept and its implementation in LucaNet.
Tailored to your specific needs, LucaNet financial reporting software provides standard and ad-hoc reports for all the components of a professional reporting software. Features such as comparative views, time series analyses, and exchange rate scenarios are included and are illustrated using graphics and spark lines. This LucaNet financial reporting software makes it possible for you to make changes to structures in a way that is flexible and straightforward. It also presents important data in a transparent manner and enables you to add KPIs and statistical information – all within a single, convenient system. LucaNet financial reporting software supports connections to other business analytics systems. Whether you’re using a BI tool such as QlikView, Tableau or Microsoft Power BI, you can easily use the relevant data from LucaNet to present it in the BI tool of your choice. We are happy to support and advise you on the implementation of internal and external reporting.
As a certified LucaNet partner, Kleeberg not only supports clients in ESG planning and strategy, but also offers a fully comprehensive support approach from ESG organization to the preparation of the sustainability report and its mapping in LucaNet. With LucaNet you have full control and transparency over your ESG data. The software helps you complete your ESG-related activities, including EU taxonomy mapping, key figure calculation, performance analysis and reporting. The integration of the various LucaNet services enables accelerated collection of sustainability data through workflow-supported data collection or direct connection to source systems. LucaNet’s “single source of truth” approach offers the option of both automated and manual business reporting including (i)XBRL tagging (EU taxonomy mapping) and compactly maps your financial management as well as ESG management in one solution.
Corporate Compliance Services
In business management terminology the term compliance describes adherence to laws and guidelines but also to voluntary company codes or standards. The compliance management system represents the entirety of a company’s principles and measures for adhering to these rules and thus avoiding breaches of the rules.
Increasing public news coverage on the creation of slush funds, corruption and bribery, cartel agreements, breaches of data protection or breaches of export regulations have created heightened awareness among many companies concerning the issue of compliance and the need to take appropriate corrective action. Non-compliance with rules can lead to corporate penalties, fines, profit skimming or forfeiture of the profit earned through having violated the law. In addition, the violation may very often result in a considerable loss of image.
- We support you in setting up or improving an already existing compliance organization in your enterprise. Company-specific factors and questions, such as applicable legal and other regulatory provisions as well as ethical standards are also part of our work.
- In addition, we conduct audits of compliance management systems in accordance with IDW Standard PS 980 (Principles of Proper Auditing of Compliance Management Systems). Our work covers all three steps from an assessment of the concept to an assessment of adequacy and implementation through to an assessment of the effectiveness of a CMS.
- Our work in compliance naturally considers the nature of the sector in question and the legal form of the enterprise.
- For more information on how we can assist you with compliance issues, click here.
The huge attention paid to corporate governance and compliance is increasingly bringing the importance of good corporate risk management into focus . The company’s management is responsible for taking appropriate measures to deal with risks.
Risk management is one aspect of a business management approach that includes how the company can be organized effectively regarding risk exposure and how it can be managed or mitigated.
On the other hand, company officers who neglect risk management issues may have to answer charges concerning a breach of duty.
- We support you in the analysis and organization of risk management in your company.
- As our client, you benefit from our comprehensive professional and sector-specific expertise across the entire spectrum, from risk inventory and risk assessment to the implementation of suitable countermeasures and monitoring of their effectiveness.
- We naturally also consider company-specific factors and concerns as well as the relevant statutory and other regulatory provisions.
An internal control system (ICS) is becoming increasingly important for management, supervisory bodies, regulators and legislators. An effective and efficient ICS requires appropriate monitoring, which e. g. cannot be guaranteed by an auditor. The advantages of an appropriate and effective ICS are diverse. Such a system contributes to risk minimization through active control as well as strengthening process reliability without any significant additional work. It also creates a high level of transparency regarding procedures, processes and existing inherent risks. In addition, an ICS aims to identify operational and financial risks and reduce them to an acceptable level. An audit of the ICS according to the audit standard 982 of the Institute of Public Auditors in Germany, Incorporated Association (IDW) may be necessary for regulatory or business reasons and may be of interest for your company.
- We support you in analyzing and designing your company’s internal control system.
- As our client, you benefit from our comprehensive technical and industry-specific expertise along the entire process from risk inventory and risk assessment to the implementation of suitable control measures and monitoring of their effectiveness.
- Of course, our activities also take into account company-specific factors and issues as well as the relevant statutory and other regulatory requirements.
Corporate Compliance Services
In business management terminology the term compliance describes adherence to laws and guidelines but also to voluntary company codes or standards. The compliance management system represents the entirety of a company’s principles and measures for adhering to these rules and thus avoiding breaches of the rules.
Increasing public news coverage on the creation of slush funds, corruption and bribery, cartel agreements, breaches of data protection or breaches of export regulations have created heightened awareness among many companies concerning the issue of compliance and the need to take appropriate corrective action. Non-compliance with rules can lead to corporate penalties, fines, profit skimming or forfeiture of the profit earned through having violated the law. In addition, the violation may very often result in a considerable loss of image.
- We support you in setting up or improving an already existing compliance organization in your enterprise. Company-specific factors and questions, such as applicable legal and other regulatory provisions as well as ethical standards are also part of our work.
- In addition, we conduct audits of compliance management systems in accordance with IDW Standard PS 980 (Principles of Proper Auditing of Compliance Management Systems). Our work covers all three steps from an assessment of the concept to an assessment of adequacy and implementation through to an assessment of the effectiveness of a CMS.
- Our work in compliance naturally considers the nature of the sector in question and the legal form of the enterprise.
- For more information on how we can assist you with compliance issues, click here.
The huge attention paid to corporate governance and compliance is increasingly bringing the importance of good corporate risk management into focus . The company’s management is responsible for taking appropriate measures to deal with risks.
Risk management is one aspect of a business management approach that includes how the company can be organized effectively regarding risk exposure and how it can be managed or mitigated.
On the other hand, company officers who neglect risk management issues may have to answer charges concerning a breach of duty.
- We support you in the analysis and organization of risk management in your company.
- As our client, you benefit from our comprehensive professional and sector-specific expertise across the entire spectrum, from risk inventory and risk assessment to the implementation of suitable countermeasures and monitoring of their effectiveness.
- We naturally also consider company-specific factors and concerns as well as the relevant statutory and other regulatory provisions.
An internal control system (ICS) is becoming increasingly important for management, supervisory bodies, regulators and legislators. An effective and efficient ICS requires appropriate monitoring, which e. g. cannot be guaranteed by an auditor. The advantages of an appropriate and effective ICS are diverse. Such a system contributes to risk minimization through active control as well as strengthening process reliability without any significant additional work. It also creates a high level of transparency regarding procedures, processes and existing inherent risks. In addition, an ICS aims to identify operational and financial risks and reduce them to an acceptable level. An audit of the ICS according to the audit standard 982 of the Institute of Public Auditors in Germany, Incorporated Association (IDW) may be necessary for regulatory or business reasons and may be of interest for your company.
- We support you in analyzing and designing your company’s internal control system.
- As our client, you benefit from our comprehensive technical and industry-specific expertise along the entire process from risk inventory and risk assessment to the implementation of suitable control measures and monitoring of their effectiveness.
- Of course, our activities also take into account company-specific factors and issues as well as the relevant statutory and other regulatory requirements.
Transaction Accounting & Advisory Services
Mergers & acquisitions as well as strategic business alliances create new opportunities for companies. This implies making important but often risky corporate decisions. Therefore, meticulous planning, transaction security and adequate transaction management are essential for success.
- We guide you through the entire process, competently and effectively.
- We answer tax questions and provide advice on the choice of suitable transaction financing.
- In addition, we advise on legal matters and carry out the due diligence.
- Since a successful transaction is the goal of our efforts, we bring together all sources of information and use it to confidently negotiate to the best advantage of the client.
- Our professionals keep a close eye on developments in all relevant areas, identify trends at an early stage and give recommendations for action.
- When advising on mergers & acquisitions, we naturally consider the specifics of each sector and legal form.
The modern economy is characterized by wide-ranging changes in organizational structure. Competition for acquisitions arises in purchase and selling decisions. This means that the necessary due diligences must sometimes be carried out under great time constraints and be focused on selected areas. The systemic focus on value-determining factors maximizes the benefit of due diligence.
- We provide across-the-board support in the planning and performance of due diligences.
- We assess opportunities and risks realistically. Depending on the circumstances, our analysis considers e. g. the asset and earnings position, cash flow, market position, tax risks and the personnel situation.
- We prepare a solid foundation for your decision, which is based on reliable valuation models, probability calculations and sensitivity analyses and identifies possible risks.
- Through simulation calculations we are also able to show the impact of the transaction on the balance sheet.
- In due diligences, we naturally consider the specifics of each sector and legal form.
The increasing capital market orientation of German companies entails that the traditional annual financial statements are becoming less and less important. In this context, net income as a profit figure for information purposes of owners, customers and lenders, but also of management, is receding into the background. Instead, modern performance indicators that measure the economic value added of a company by comparing it with an alternative investment are increasingly becoming the focus of investors – valuation means comparison! Thus, business valuation is more than the determination of value; it can also be used as a management tool! Valuation is not just financial mathematics; you need experience and the right amount of intuition. We offer you solutions that ensure that your company creates value. To offer you a holistic consulting approach, we combine our expertise from our Tax, Audit, Advisory and Legal service areas. This ensures that we cover each of the aspects that arise in the context of a business valuation. For more information see here [Link to Advisory Homepage].
The increasing capital market orientation of German companies entails that the traditional annual financial statements are becoming less and less important. In this context, net income as a profit figure for information purposes of owners, customers and lenders, but also of management, is receding into the background. Instead, modern performance indicators that measure the economic value added of a company by comparing it with an alternative investment are increasingly becoming the focus of investors – valuation means comparison! Thus, business valuation is more than the determination of value; it can also be used as a management tool! Valuation is not just financial mathematics; you need experience and the right amount of intuition. We offer you solutions that ensure that your company creates value. To offer you a holistic consulting approach, we combine our expertise from our Tax, Audit, Advisory and Legal service areas. This ensures that we cover each of the aspects that arise in the context of a business valuation. For more information see here [Link to Advisory Homepage].
