General accounting

• Bookkeeping and automation of accounting functions
• NAV and Waterfall calculation
• Preparation of interim financial statements
• Preparation of statutory financial statements
• Management accounting
• GAAP to GAAP conversion
• Accounting review
• BCL reports

We have implemented Sage Cloud Demat, a collaborative platform that allows you to centralise documents, tasks and approvals, reduce back-and-forth communication, and view your KPIs in real time. This automation tool integrates AI, OCR, machine learning and robotic accounting technologies to simplify accounting functions, optimise processes, speed up reporting and guarantee a high-quality audit trail.

Whether for one-off needs (mergers and acquisitions, interim dividend distributions) or recurring requirements (periodic NAVs, financial steering), we produce interim financial statements (monthly, quarterly, or ad hoc) while respecting the deadlines imposed by legal requirements, investors, or any other stakeholders.

Complex waterfalls are broken down and analysed to ensure a clear understanding – thus guaranteeing a high level of transparency for your stakeholders – and help you anticipate your exit scenarios.

We prepare your annual accounts in accordance with accepted accounting standards (Lux GAAP and IFRS), coordinate communications with auditors, prepare the necessary documentation for their approval, and ensure various legal filings are made in accordance with your investment structures (SOPARFI, funds, securitisation vehicles, SCSp for co-investments or carried interests’ structures, etc.).

In the absence of local requirements or a legal framework, we assist you in selecting and applying appropriate management accounting methodologies (full costing, marginal costing or standard costing) to meet your objectives such as analysing product or service line, cost allocation per property, project profitability analysis or VAT margin determination.

Conversion between different accounting frameworks (Lux GAAP, IFRS and other GAAPs) is carried out to align your group reporting and ensure data comparability.

Handling of monthly and quarterly reports required by the Banque Centrale du Luxembourg (BCL) for a variety of clients: credit institutions, payment institutions and electronic money institutions, investment funds, pension funds, securitisation vehicles, finance companies and insurance companies.