We offer a professional hotline for accounting services for both businesses and auditors, where we are available for sparring and advice on specific questions and issues you may encounter. Our solution is highly flexible, and you simply call or write with your questions, after which we charge fixed prices.

Depending on your needs, we can arrange a fixed annual price for unlimited support or billing based on actual time spent. We charge per whole quarter-hour, so smaller questions can be handled without it becoming expensive.

If you are facing an IFRS conversion or considering transitioning to IFRS, for example, as part of preparing for a company sale, an IPO, etc., we support this and advise on the advantages and disadvantages.

An IFRS conversion under IFRS 1 is a technical exercise that requires extensive experience to ensure an efficient and compliant process, where all respective areas are correctly handled according to the individual standards, while also adhering to and utilizing the transition provisions.

We can act as a sparring partner during the conversion or handle the entire process of preparing all necessary documentation.

In connection with financial due diligence, there is often a need to prepare pro forma statements of profit and loss and balance sheet under IFRS with comparative figures. This is also something we can assist with.

In relation to the accounting process throughout the year or at year-end, a number of estimates and judgements are typically made regarding how specific matters are classified, recognized, measured, and presented in the financial statements. These estimates and judgements should be documented for internal compliance, for auditors, etc., in accounting memorandums.

At NORD advise, we support the preparation of technical accounting memos and can, among other things, prepare them in connection with:

• Accounting implications of business acquisitions or other corporate transactions, such as purchase price allocations, assessment of shareholder agreements, etc.
• Entering into new contracts with customers, partners, etc.
• Special events that have occurred during the year
• Impairment tests
• IFRS conversions

Accounting manuals are the foundation for effective reporting processes and high-quality reports. We design, maintain, and ensure the quality of accounting manuals for use in the accounting and reporting processes of businesses.

Whether the accounting manual needs to be updated with new areas or created from scratch, our accounting advisors are ready to assist you.

Whether the financial statements are prepared using IFRS or the Danish Financial Statements Act as the relevant financial reporting framework, we assist in preparing all elements of annual reports and interim reports, including the narrative, the financial statements, and any sustainability reporting.

We help with the financial statements, disclosure requirements, and note information, but we can also help enhance the value of the overall annual report by ensuring a strong presentation and storytelling of the company’s equity story through strategy, business model, goals, and results.

When acquiring a company, a number of accounting considerations typically arise.

If control over an external company is obtained, the acquisition must be accounted for using the acquisition method, with the steps involved therein.

We can assist with the entire process or elements of it and ensure that considerations regarding the acquisition date, acquirer and acquiree, determination of purchase price, identification of acquired assets and liabilities, valuations, and allocation of purchase price (purchase price allocation) are correctly documented and reported.

In other situations, acquisitions are intra-group, or there may be acquisitions of minority interests, leading to other accounting issues. We assist with all areas.

If you need support during the busy year-end season, or if a need arises at another time, we are happy to provide an experienced accounting advisor for a period to support the ongoing accounting process or specific accounting issues.

If you need ongoing courses and training for employees, or if a specific topic becomes relevant, we offer tailored courses specifically for your company.

We have some of the industry’s most competent and experienced facilitators with extensive teaching experience from the SR Academy, Copenhagen Business School, the Sustainability Academy, etc.

Training is offered both physically at your location and virtually from our studio.