Financial status [closed]

I need a help to make a decision. Will I be granted a visa from Ghana to live with my wife who is German (born in Germany) after she has come down to Ghana for us to marry here? We have required documents but she has financial problems in Germany. Can her financial status prevent me from getting a visa?

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Best Answer

This can be a complicated question, which is generally best asked on Expatriates stack exchange.

As I understand it, yes, her financial status may be considered among many other things, but less so than for a non-citizen resident of Germany. §28 AutenthG gives exceptions to §5 (1) 1, but it uses the word "soll" (should be) which leaves some latitude to the official how to apply the law in accordance with administrative regulations and precedent.

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What means financial close?

Financial close is the process of verifying and adjusting account balances at the end of an accounting cycle (often the end of the quarter or end of year) to produce financial reports representative of the company's true financial position as of a certain date.

What happens during financial close?

The financial close encompasses the whole accounting cycle, culminating with generating financial statements and closing the books. Closing the books is the last step in the financial close process and has two objectives. One, closing the books resets temporary accounts to zero and locks in the prior period's balance.

What does closed mean in accounting?

In accounting, a closed account\u2014or closing entry\u2014refers to the annual process of shifting data from temporary accounts on the income statement to permanent accounts on the balance sheet in order to start the new fiscal year (FY) with a balance of zero.

What is financial statement close process?

Definition. The financial statement closing process includes a hodgepodge of activities a company undertakes to close its books, correct potential errors, make specific adjustments and prepare accurate financial statements in accordance with GAAP and IFRS.

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