Our expertise in financial consolidation
Delivering a group financial statement on time and without errors is crucial for effective strategic planning. Our consolidation experts combine in-depth technical knowledge with a pragmatic approach to reduce the complexity of your consolidation process wherever possible. We respond flexibly to the specific needs within your organization and strengthen the finance team in these five areas:
- Statutory consolidation & compliance: We support the preparation of the consolidated financial statements in accordance with the requirements of local GAAP, such as BE GAAP and US GAAP, or IFRS. Our consultants meticulously prepare the consolidated financial statements to ensure that the external audit proceeds smoothly and efficiently.
- Intercompany reconciliation: We streamline intercompany reconciliations by systematically reconciling complex intercompany transactions, loans, and internal margins. This prevents errors and double counting at the group level.
- Multi-currency management & M&A integration: Converting foreign balance sheets or seamlessly integrating a recently acquired entity requires the utmost precision. We guide your company flawlessly through complex group structures and exchange rate fluctuations.
- Uniform group & management reporting: We translate statutory consolidation data into clear management reports and forecasts. By standardizing data across all business units, the group executive board can make decisions based on a single, reliable source of truth.
- Optimisation of consolidation software: Our consultants have hands-on expertise in leading systems such as SAP BPC, SAP S/4HANA, LucaNet, Prophix, HFM, and Sigma Conso. We optimize data flows to reduce the risk of errors and eliminate time-consuming Excel work. You can also count on the advice of our consolidation experts when selecting and implementing consolidation software.
