Out with the old,
in with the new
Just like the economic situation, public institutions react to today's change in conditions and modify themselves to increase their efficiency and to reduce their costs.
Developing new structures
Due to this change, new developments, which require advice from external specialists, have emerged in the public sector. We help determine the optimal legal form for you and ensure that it’s executed properly when you are restructuring. Asset acquisition and assessment are transferred to us, as is the creation and evaluation of opening balance sheets and annual reports. In doing so, we take consideration of the particularities of the state and municipality. As auditors, we take care of legally required audits of owner-operated municipal enterprises or municipal companies and determine whether the company's business was conducted in a proper and orderly manner (§ 53 HGrG).
Different requirements and new obligations
Parts of the public sector are receiving increasing attention from the fiscal authorities. They often adopt tasks that are closely related to the economy and that exceed the fulfillment of official duties. This justifies as a commercial business and leads to partial tax liability. For example, the sales tax evaluation of subsidies. We are therefore available to answer questions pertaining to revenue and sales tax for the most diverse public institutions. Our extensive services allow us to lend support for the implementation of the new municipal financial management system.
