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FAE Consulting’s support of the FIN Academy

FAE Consulting GmbH has been supporting start-ups and development initiatives financially or with advice since its founding in 2015. The FIN Academy by the Female Investors Network is very special to us because Janet Winkler has been promoting diversity and in particular female leadership and female advancement in all business areas since she started her […]

FAE Consulting sponsors the FIN Academy

FAE Consulting GmbH is an official sponsor for the FIN Academy – a 6-week online platform for women who want to become business angels. During this period participants will meet other women interested in finance and investing. They have also the opportunity to form a network supporting them on their way to become successful business […]

Insolvencies in times of COVID-19 – update

In the summer of 2020 credit rating agencies projected that the number of insolvencies worldwide will rise. Creditreform predicted 15%-18% more company insolvencies for 2020 compared to 2019 with an even higher increase during the first two quarters of 2021. Euler Hermes expected a rise of insolvencies worldwide by 4% in 2020 and by 8% […]

Triple-Entry Accounting Based on Blockchain

What is Triple-Entry Accounting? Triple-Entry Accounting is an accounting system where all accounting records are proofed and maintained by a third party, e.g. a service provider based on blockchain platform and recorded in a joint, distributed book. It was created by Yuji Ijiri in 1989 and further developed by Iran Grigg in 2005. Instead of […]

Blockchain and Accounting

How will blockchain change accounting?

Blockchain is a public, distributed, openly available network for ledger entries or transactions among the participants. Transactions on this network are safe, transparent and difficult to alter. The application of this framework will greatly change the current accounting industry and bring something new to it. Current state of the accounting field Currently accounting aims at: […]

FAE Around the World – Poland

How do you do business with…? Partners from Poland More and more is being outsourced or expanded. In today’s professional life, we experience multicultural heterogeneity in tandem with transnational codes of conduct. Despite being neighbours, we are very diverse in culture and tradition. In the following we provide a summary of what to look for […]

FAE Consulting GmbH und the Bridge Consulting & Training kooperieren erfolgreich

Seit einigen Jahren kooperieren FAE Consulting GmbH und the Brigde sehr erfolgreich und unterstützen sich gegenseitig auf Kundenprojekten. Das Unternehmen the Bridge stellt sich nun in einem Artikel vor und wir freuen uns auf die weitere Zusammenarbeit. the Bridge · Consulting & Training – wir sind DIE Spezialisten nach einer amerikanischen Übernahme Ziel unseres Unternehmens […]

ZUGFeRD 2.1: Grundlage eines europäischen Standards

Was ist ZUGFeRD? ZUGFeRD ist ein elektronisches Rechnungsdatenformat. Eine Erklärung für ZUGFeRD, finden Sie hier. Was hat sich geändert? Am 24.03.2020 wurde ZUGFeRD 2.1 veröffentlicht. Das bisherige ZUGFeRD Format war auf den nationalen Gebrauch ausgelegt. Das deutsche und das französische Forum elektronischer Rechnung haben zusammen ein Format entwickelt, das deckungsgleich und kompatibel ist. Der deutsche […]

EinfachErklärt: „IFRS 5 Zur Veräußerung gehaltene langfristige Vermögenswerte und aufgegeben Geschäftsbereiche“

In our series of articles „Simply explained“ we highlight the international accounting standards that are indispensable for those who prepare accounts. This episode deals with IFRS 5 Non-current Assets Held for Sale and Discontinued Operations. What does the standard regulate? Since January 1, 2005, IFRS 5 has regulated the accounting of assets or discontinued operations […]

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FAE Consulting, Frankfurt