Mission

Paddock Accounting is a registered chartered accountant in Luxembourg and fully qualified to execute services in the fields of accounting (IFRS and Lux GAAP), annual closings and tax filing, consolidations and beyond. Services provided by Paddock Accounting are key issues for enabling precise liaising with inter-company accounts, accounting consolidations, yearly and/or intermediate closings, tax filing, financial analysis, reporting, net asset value calculations or company valuations. Based on reliable and accurate financial data generated by Paddock Accounting, the clients will be able to take the right decisions for the benefit of both the company and the shareholders.

Concept

The idea of Paddock Accounting is to follow the clients’ needs on multiple levels: Client companies can either be Luxembourg rooted or integrated into international groups. Paddock Accounting services are therefore offered both in accordance to Luxembourg accounting (LUX-GAAP) principles as well as according to the international standards (IFRS).

Services

Paddock Accounting’s service palette comprises the following:

• - Accounting and annual accounts in LUX-GAAP and IFRS
• - Budget accounting
• - Consolidations (legal and financial)
• - Cost accounting
• - Portfolio accounting and valuations
• - Reporting (financial, intra-group, multi-currency…)
• - Special reportings to Luxembourg Regulation Authorities
• - Special vehicles accounting
• - Net asset value calculations
• - Tax declarations and filing
• - VAT registration
• - Allocation of accounting personnel
• - Financial analysis