Global Subsidiaries

International Groups

Auditing Dutch component entities within international corporate groups, executing seamless bilingual ISA 600 reporting.

AFM Licence 13020177 • RegisterAccountant Lead • Direct Communication
Just Audit
AFM Licence 13020177
Official Licence to conduct Statutory Audits under Dutch Law
Our Approach • Cross-Border Component Excellence

Why International Groups Choose Just Audit

Specialized component audit execution for Dutch operating subsidiaries, intermediate holdings, and distribution hubs within multinational corporate groups under ISA 600.

Primary Standards ISA 600 / NV COS 600 • IFRS, US GAAP & Dutch GAAP (RJ)
Reporting Delivery 100% fluent English documentation, deliverables, and board calls
Group Coordination Direct partner-to-partner liaison with foreign principal auditors
Timetable Compliance Guaranteed adherence to group consolidation reporting deadlines
Request Proposal for International Groups →
01 Component Alignment

Bilateral Group Auditor Coordination

We align early with foreign primary audit teams, agreeing on group materiality, risk profiles, and component reporting packages.

02 Dual-GAAP Mastery

IFRS, US GAAP & RJ Reconciliations

Flawless translation between group accounting policies and local Dutch statutory requirements, eliminating intercompany reconciliation mismatches.

03 Consolidation Clearance

Strict Deadline Adherence

Timely issuance of formal component clearance memoranda, intercompany elimination certificates, and summary audit difference schedules.

Cross-Border Audit Methodology

Our 6-Stage ISA 600 Group Component Workflow

Seamless bilingual execution, proactive group auditor coordination, and strict deadline compliance for Dutch subsidiaries.

01
Component Scoping & Group Instructions
Group Onboarding

Reviewing group audit instructions, establishing component materiality, and confirming independence under IESBA standards.

02
Accounting Policy & Ledger Ingestion
Multi-GAAP Mapping

Secure ingestion of local Dutch ledgers and mapping chart of accounts to group IFRS or US GAAP reporting packages.

03
Internal Controls & Intercompany Testing
Interim Fieldwork

Walkthrough of local entity controls, inventory observations, and early bilateral intercompany balance confirmations.

04
Year-End Substantive Procedures
Substantive Auditing

Focused auditing on local revenues, cutoff, tax provisions, transfer pricing documentation, and parent guarantees.

05
Group Auditor Consultation & Sign-off
Group Clearance

Detailed review meetings with the foreign primary audit partner and issuance of group reporting clearance.

06
Dutch Statutory Report & KvK Filing
Local Statutory Filing

Completion of the local standalone financial statements, signed auditor's report, and SBR/XBRL filing.

INTERNATIONAL SUBSIDIARY AUDIT & ASSURANCE

Seamless Component Audits for Global Corporations

Dedicated Dutch component auditing for multinational corporate groups, private equity sponsors, and foreign-parented subsidiaries.

ISA 600 Group Reporting Packages & Clearances

Dual-GAAP Conversions (IFRS / US GAAP / Dutch GAAP RJ)

Intercompany Reconciliation & Elimination Verification

Local Standalone Article 2:393 BW Statutory Audit

Bilingual Management Letter & Governance Reporting

Article 2:403 BW Liability Statement Compliance Reviews

Discuss Your International Group Audit with an RA Partner

International Group FAQs • ISA 600 & Cross-Border Delivery

Frequently Asked Questions

Answers for corporate controllers, overseas finance teams, and group audit partners regarding Dutch subsidiaries.

Group Coordination

How does Just Audit coordinate with our overseas group principal auditor?

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Under ISA 600 / NV COS 600, we liaise directly with your primary audit team. We review component audit instructions, participate in global audit planning calls, complete group questionnaires, and share workpapers securely through our cloud platform.
Dual-GAAP

Can Just Audit audit reporting packages prepared under IFRS or US GAAP?

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Yes. Our partners have extensive Big Four backgrounds auditing under IFRS, US GAAP, and Dutch GAAP (RJ). We audit group packages under group accounting policies and execute local Dutch GAAP conversions for standalone KvK statutory filings.
Language

Can all communications, workpapers, and reports be delivered in English?

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Yes. 100% of our engagement documentation, client correspondence, PBC schedules, management letters, and formal reporting clearances are prepared and presented in fluent business English for international boards.
Group Deadlines

How do you ensure group reporting clearance deadlines are met?

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We align our audit timetable directly with your parent company's consolidation closing calendar. By executing interim walkthroughs and intercompany testing prior to year-end, we guarantee timely clearance sign-offs without parent consolidation delays.
Article 403 Exemption

What if our Dutch subsidiary utilizes the Article 2:403 BW group exemption?

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If your Dutch entity utilizes the parent liability declaration under Art. 2:403 BW, we audit compliance with all formal requirements (parent guarantee validity, consolidated accounts deposit, and disclosure notes) ensuring total exemption validity.
Transfer Pricing

Does the component audit include verification of intercompany transfer pricing agreements?

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We review intercompany service agreements, management fee calculations, royalty streams, and transfer pricing documentation to ensure consistency with actual recorded ledger balances and statutory tax disclosures.
Holding Companies

Does Just Audit handle Dutch intermediate holding and financing entities?

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Yes. We routinely audit Dutch intermediate holding and treasury entities, verifying participation valuations, impairment assessments, cross-border withholding tax positions, and substance criteria under Dutch law.
Fixed Fees

How are multinational component audit fees agreed upon?

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We provide transparent fixed fees agreed with either local Dutch management or parent company procurement, inclusive of group reporting clearances and local statutory filing deliverables, with zero hidden extras.
Discuss Your Audit Requirements

Speak with Tjerk Wolsak RA or Sven Steijn RA today.

Receive tailored guidance and a fixed-fee proposal within 48 hours.

Direct partner line: +31 85 026 10 17 • info@justaudit.nl • Hoofddorp & Harderwijk