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, Pillar 2 and ESG regulations, 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.
Your challenges
- Shorter delays in the consolidation reporting
Reduce reporting time, speed-up consolidation process and meet regulator deadline.
- Accounting standards more and more complex
Support on business combination, new IFRS standards, bank convenants and complex transactions.
- Digitalisation of the market
A performing consolidation tool adapted to your specificities to gain in efficiency, quality and improve data collection.
- Lack of internal resources
An efficient outsourcing of the consolidation to focus on core business.
- Change in legislation landscape
Enhance the technical and regulatory knowledge of your team. Ensure your readiness for the implementation of Pillar2 and ESG rules.
How we can help
Our dedicated consolidation team offers comprehensive support throughout the entire consolidation cycle, ranging from process enhancement to complete outsourcing.
Our added value
- We are an international, experienced and dedicated consolidation team.
- Close to ESG and Pillar 2 specialists, the consolidation team will assist you to overcome these challenges.
- We use up-to-date technology to streamline communication and coordination.
- We have strong technical knowledge in IFRS, Lux/ US GAAPs and complex matters.
- Our Consolidation practice is embedded in our Managed Services one-stop-shop solution which can simplify and transform your daily business life through a wide range of services and co-sourcing solutions.
- We provide high quality deliverables on time with proven track records.
Consolidation services
High value consolidation process is key
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