🇩🇪Germany

Konsolidierungskreis-Abgrenzungsfehler und GAS 19 Nichtbeachtung

1 verified sources

Definition

HGB § 290 requires consolidated statements if control exists over subsidiaries. GAS 19 mandates detailed disclosure of: (1) entity names/domiciles, (2) equity holding percentages, (3) inclusion/exclusion rationale. Manual processes lead to: (a) missed entities in consolidation scope, (b) inadequate disclosure justifications (§ 296(3) HGB), (c) inconsistent comparative data (§ 294(2) HGB). Auditors (IDW-certified) must challenge these gaps, prolonging audit cycles and increasing finding severity.

Key Findings

  • Financial Impact: Estimated 30-50 hours annually for consolidation documentation and audit response (€1,800-€3,000 at €60/hour). Restatement risk: €10,000-€100,000+ in audit fees and potential regulatory correction notices from BaFin.
  • Frequency: Annual (year-end consolidated reporting); ongoing subsidiary tracking
  • Root Cause: GAS 19 disclosure requirements (§ 313(2) HGB, § 296(3) HGB) lack automated data capture mechanisms. Manual subsidiary registries create version-control and completeness gaps.

Why This Matters

This pain point represents a significant opportunity for B2B solutions targeting Fundraising.

Affected Stakeholders

Group Controllers, Consolidation Specialists, External Auditors (IDW), Company Secretary/Compliance

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

Unvollständige Finanzberichterstattung und FINREP-Nichtkonformität

Estimated 20-40 hours/month of manual reconciliation labor per finance team (€2,400-€4,800/month at €60/hour burn rate). Risk of enforcement action: €5,000-€50,000+ in administrative fines for reporting deficiencies under BaFin oversight.

BaFin-Finanzberichterstattungsprüfung und Audit-Failure-Risiko

Estimated 5-10 audit findings × €5,000-€20,000 per finding remediation = €25,000-€200,000 annually. Escalated enforcement (mandatory restatement): €50,000-€500,000+ in legal and audit costs. Time-to-market delay (1-2 month audit extension): €100,000+ in financing/investment timeline impact.

Fehlende Finanz-Datenvisibilität bei Board-Reporting und strategischen Entscheidungen

Estimated 2-4 week delay in strategic decisions × 5-10% suboptimal capital allocation rate = €500,000-€5,000,000+ in mis-allocated funds for mid-sized fundraising groups (€50M+ AUM). Lost acquisition opportunities: €1,000,000-€10,000,000+ due to delayed due diligence data availability.

Verlorene Spenden durch fehlende Erinnerungen

2-5% Revenue Leakage durch ungemahnte Spenden

GoBD-Verstöße bei manuellen Spendenquittungen

€5.000+ pro GoBD-Verstoß; 20-40 Stunden Audit-Vorbereitung

DSGVO-Bußgelder bei Donor-Daten-Tracking

€20.000-€10M Bußgeld (4% Umsatz); typisch €20.000+ pro Datenschutzvorfall

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