Consolidated Financial Statement Preparation for Italian and Romanian Companies
€250-750 EUR
Paid on delivery
We are seeking an experienced financial analyst or accountant with expertise in Italian (ITA GAAP) and Romanian (Romanian GAAP) accounting principles to prepare a detailed, consolidated financial statement. This project involves aggregating financial data from the fiscal years 2021, 2022, and 2023 for one Italian company and one Romanian company. The final consolidated report must be prepared in accordance with Italian accounting standards, with all data presented in Euro and the report written in Italian.
Key Project Deliverables:
Data Collection and Normalization: Gather comprehensive financial statements for the specified years. Convert all financial data from the Romanian company into Euros using the average annual exchange rate.
Accounting Standards Analysis: Conduct a thorough comparison between ITA GAAP and Romanian GAAP to identify key differences affecting financial reporting.
Excel Spreadsheet Design: Develop a structured Excel workbook that includes:
Separate sheets for the original financial statements of both companies.
A detailed analysis of the differences between ITA GAAP and Romanian GAAP.
A consolidated financial statement sheet with extensive account details according to Italian accounting principles.
Financial Statement Reconciliation: Adjust the Romanian company's financial statements to align with Italian accounting standards. Highlight differences and reconcile them in a dedicated column within the Excel workbook.
Consolidated Financial Reporting: Aggregate the adjusted financial data into a final consolidated financial statement that adheres to ITA GAAP, complete with detailed account breakdowns.
Documentation: Provide clear notes and documentation within the Excel workbook explaining the methodologies used, key accounting differences considered, and any currency conversions performed.
Skills and Expertise Required:
Proficiency in financial analysis and accounting.
Strong knowledge of Italian and Romanian accounting principles (ITA GAAP and Romanian GAAP).
Expertise in Excel for financial modeling and reporting.
Attention to detail and accuracy in financial consolidation.
Fluency in Italian for report writing and communication.
Project Timeline:
The project is expected to be completed within 1 week from the start date.
Application Requirements:
Interested freelancers should submit a proposal outlining their experience with financial consolidation projects, especially those involving different accounting standards. Please include any previous work samples related to financial analysis or accounting that demonstrate your ability to handle this project successfully.
Project ID: #37915261
About the project
10 freelancers are bidding on average €580 for this job
As a freelancer specializing in accounting and finance, with a keen understanding of ITA GAAP and Romanian GAAP standards, I feel uniquely suited for your project. I offer more than technical capabilities; I bring year More
