Company-only financial statements and IFRS in the Netherlands

23 March 2021 – If a Dutch legal entity prepares consolidated financial statements under IFRS, the question is on what basis the company-only financial statements can be prepared. Dutch GAAP allows different options. In this publication we explain two of these options: ‘Combination 3’ and ‘Combination 4’. We have incorporated new guidance of the Dutch Accounting Standards Board (RJ) on Combination 3.

We expect that this publication will also be helpful for foreign companies with activities in the Netherlands to get an insight into the Dutch reporting requirements regarding the company-only financial statements.

How we can help you

Mazars can assist you preparing financial statements in accordance with IFRS and Dutch GAAP. We can also provide technical advice on other accounting issues, as well as training courses on IFRS and Dutch GAAP.

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Company-only FSs and IFRS in the Netherlands

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