Dr. Peter Schentler
Consolidated reporting and consolidation must provide more in the future than flexible and comprehensive information. The new requirements require consolidated values for control decisions to be presentable at all times. The ad hoc “modular principle” consolidations effectively enable you to consolidate in different currencies, with changed corporate structures and, if required, different accounting standards. Our experts will support to set up this modular principle in sustainable concepts.
So far, consolidated representations of legal units and internal areas have been used to “consolidate the matrix organization”. In the future, your company needs integrated product and customer views. By consistently enforcing quality inspections and reconciliations during the period, you significantly relieve the burden on your closing processes. If different consolidations are centralized, you avoid previously necessary, but inefficient, reconciliations. As modern consolidation systems already depict many requirements as standard, the different product philosophy will be decisive in the coming years. In their evaluation, you benefit from our many years of experience and our sound know-how from various projects.
We offer a holistic and proven approach to finding solutions with the following safeguards:
Our consultants have many years of practical experience and strong expertise. We support you in the area of group reporting and consolidation in the following tasks: