Financial reporting advice: your back-up for difficult reporting questions

Sometimes you are faced with transactions or events that are not part of day-to-day business.

Think of a major acquisition, a refinancing with an interest rate swap, or you want to prepare your annual accounts in accordance with IFRS.

OneLane helps organisations account for this kind of exceptional transaction. With our pragmatic approach and broad knowledge we sit beside you in discussions or provide a second look at conclusions drawn earlier.

Are you wrestling with complicated financial reporting questions?

You are taking on new activities, see an acquisition opportunity or are expanding abroad. Developments like these have consequences for the annual accounts. You do not always have the time and knowledge yourself to get to the bottom of these subjects.

A (further) internationalisation of your business, or attracting finance from abroad or through an investor, can mean that you are asked for annual accounts based on International Financial Reporting Standards (IFRS). OneLane helps you get to grips with the complexity. We offer you the knowledge and experience to support you and take work off your hands, and we help you weigh up the various options. In the end the choice is yours.

A transition to IFRS requires what is known as a first time adoption. All your current accounting policies for measurement and determination of results are converted to IFRS policies. In many areas the adjustments are limited, but for matters such as derivatives, acquisitions and leases the differences are large.
This calls for a thorough analysis and documentation of the differences and the consequences for the annual accounts. We help you draw up the ‘position papers’ needed for this, which you can share with your accountant.

Sometimes you want a second look at a finding of your accountant about the annual accounts, for example on the accounting treatment of a specific transaction. You can come to us for that too. We study the situation thoroughly and report our findings.

Our approach always consists of an introduction, an in-depth conversation and a review of the relevant documentation. You receive clear advice that lets you make the right judgements.

Financial reporting questions?

Do you have questions about the application of NL GAAP or IFRS? Do you need a second opinion on the conclusions of your accountant – then we are here for you.

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Frequently asked questions

Frequently asked questions about this service. Is your question not listed? Get in touch, our specialists are happy to help you further.

Can you help me with advice on financial reporting?

We offer a wide range of services in the field of financial reporting. We advise on the application of the reporting rules under both NL GAAP and IFRS.

Can you help me with my IFRS transition?

Yes, our financial reporting specialists can help you with a transition to IFRS.

I have made an acquisition. Can you help me account for this acquisition in the annual accounts?

For complex matters such as an acquisition you can also come to OneLane for advice.

To hedge transactions in foreign currencies I have taken out forward exchange contracts. How do I account for this correctly?

That depends very much on the situation and the choices made.
Sometimes recognition on the balance sheet is not necessary at all. Our specialists are happy to help you further.