There's much more to consolidation than compliance with regulatory obligations. Consolidation is a powerful tool to analyse a group's financial performance. It provides insights and supports the strategic decisions of top management and investors.
In an economic world where the challenges in financial performance are major, groups have to prepare timely, relevant and reliable financial data to communicate with various internal and external stakeholders. This process has become increasingly complex and demanding over the past few years.
Legal requirements for detailed financial information, enhanced scrutiny from regulators, banks and tax administrations, higher complexity of accounting standards and shorter reporting deadlines reinforce the need to master every aspect of your consolidation.
The financial statements consolidation process is, therefore, crucial and requires an in-depth review in terms of organisation, system, team, knowledge and a continuous development of your consolidation function. Thanks to a strong and tailored consolidation process, your group is able to communicate effectively and timely on its financial performance.
Always taking as a top priority the respect of your values and specific needs, PwC as your key partner is committed to assist you in every stage of your consolidation up to the full externalisation, in order to help you delivering high quality consolidated financial statements in a timely manner and carrying your business goals one step further.
Based on our best practices
Every company has its own culture and values. We can co-develop the right strategy adapted to your needs, acting as a one-stop-shop solution provider for the entire consolidation project.
Together with you, we can help enhance your consolidation process using the technology of your choice. We think widely and like to challenge the solution more deeply, while balancing pragmatic design and delivery outcomes.
Powerful partner delivering high quality consolidation work in due time and in compliance with accounting standards, we help you in your whole consolidation process up to its full externalisation.
A tailored approach
It's important for us that you and your teams feel comfortable and involved throughout the project. Your consolidation process needs to satisfy your internal objectives while adapting to your organisation's development. Our experts provide assistance and tailored solutions to make sure you get a project model that works for you. We operate with an open mind and positive attitude. We work together based on your priorities, with seamless communication and complete transparency: you know what we’re going to do and when, so no surprises at the end of our project.
A client focused team
We have an international team, selected for their specific skills and fully dedicated to consolidation, with over ten years of experience across multiple industries.
We work closely with our experts in taxation, IFRS, Luxembourg GAAP and US GAAP to ensure mastering every aspect of your consolidation.
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Alternatives Accounting and Tax Partner, PwC Luxembourg
Tel: +352 49 48 48 2448