The representation of corporate groups as an economic unit requires the implementation of various measures to reconcile the individual financial statements with the consolidated financial statements under commercial law. This consolidation process places high demands on both the content and the tools used in the process. We offer extensive support in both areas. This includes business advice on the design of the consolidation process, the selection and introduction of suitable software and, finally, operational support in the preparation of consolidated financial statements for your company.

In addition to the software-oriented training events, we can offer you customized training on business consolidation topics on request.

In addition to the theoretical basics, the focus is on the practical implementation of the various consolidation measures such as:

 

• Capital consolidation

• Debt consolidation

• Consolidation of expenses and income

• Valuation of investments at equity

 

As a sales and consulting partner for various software providers, we offer you consolidation solutions.

 

Products such as Oracle® Hyperion Financial Management (HFM) as the successor to the popular Oracle® Hyperion Enterprise (HE), Tagetik and IBM Cognos Controller should be mentioned by name.

 

In addition to the introduction of a software solution, we also offer ready-made standard solutions in the form of applications for specific tasks, e.g. for the intercompany coordination process.

 

Based on our experience in business consulting and the implementation of consolidation software, we provide you with qualified consultants for operational support in the preparation of consolidated monthly, quarterly and annual financial statements.

 

We not only support you in providing the financial data of your company, but also compile consolidation entries and post them in your system.

 

In our projects, we implement the requirements of your group in detail and design the processes of those involved for this environment together with you.

Our consultants have many years of experience on the subject of consolidation under commercial law, including from activities in auditing. This includes both accounting according to HGB and IFRS. In detail, we support you in the design of the individual consolidation measures.