Spain files for fiscal compliance, not group visibility

Ever feel like your group audit grinds to a halt when Spain enters the room? It’s not because your Spanish team isn’t doing their job. 

It’s because they’re doing a different job.

Spain files for fiscal compliance, not group visibility.

That means:

• Accruals may be absent or simplified.

• Trial balances may lack cost centre detail.

• Local ledgers won’t match your consolidation structure.

And when group auditors can’t trace the Spanish numbers, you spend weeks answering questions you didn’t expect.

This isn’t a local accounting failure, it’s a cross-border reporting blind spot.

We work with CFOs and finance leads to bridge the gap:

• Aligning local Spanish books to group P&L structure

• Creating audit-traceable reconciliations

• Forecasting and reporting in your language, not just Hacienda’s

Spain’s filings won’t change. 

But your visibility can.

And if your group finance team has ever said, 'Can someone just explain what this line is?'... yes, we can. Drop us a message if you need advice.

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#SpanishAccounting

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