Consolidation and IFRS reconciliation

Consolidation requires financial data to be collected from a variety of sources. This process can be prone to errors, especially when data is entered manually. We automate data entry to reduce the risk of inconsistencies.

Especially in times of skills shortages, not every company has employees with the necessary knowledge of financial consolidation and IFRS. We offer you many years of practical experience in group reporting, consolidation and IRFS reconciliation and are experts in the relevant tools.

Different accounting standards and practices make it difficult to combine financial data. We create an interface that serves as a single source of truth, ensuring that all data is merged into a single consolidated financial statement.

Many finance departments work with outdated tools that do not allow for seamless process steps and data centralization. This leads to irregularities or incorrectly consolidated results. We help with the selection and implementation of modern systems, ensuring consolidated financial data and easy access to it.

In some companies, the responsibilities for consolidation are not clearly defined. Unclear processes often lead to delays or inconsistencies. Our experts define standardized consolidation processes for your company to increase efficiency and accuracy.

Company consolidation is subject to legal conditions and various due diligence obligations. We are familiar with the current regulatory requirements. This gives you the certainty that your figures are not only error-free, but also comply with the regulations.