Lanxess

Organization

Lanxess Corporation is a worldwide operating company that focuses on the production of specialist chemicals. The company is listed in New York and Paris (Euronext), and occupies a leading position in several market areas. Lanxess provides chemicals intended to increase sustainability, safety and efficiency among other products. The company serves other important sectors like transport, energy and electronics.

Assignment

Reporting Insight served during both the preparation and execution of the assignment as a valuable partner for Lanxess. By continuously and actively acting upon situations the client faces, offering valuable insights and thinking along with the client, the assignment was accomplished within a short period of time. With a small, qualified team of interim professionals, consisting out of a financial accountant, an expert, assurance support by Anjo Wielemaker (RA) and supervision and coordination by Dennis de Gier, Reporting Insight provided the right expertise to accomplish the assignment quick, effectively and within the set budget.

Results

  • Approved annual reports
  • Clear documentation of the statutory reporting process.
  • Connection between US GAAP and Dutch GAAP audit trial 
  • Updated backlogs

Referent

Marco van Boxtel, Finance Director NL