IFRS advisory
IFRS transition
Support / manage IFRS transition projects. Implementing IFRS, either for statutory or internal, management reporting purposes usually has the following milestones:
- IFRS „Readiness Check” – Understand current accounting processes and reporting framework, define main elements of accounting policy, ERP review (focus on G/L and reporting), assess general IFRS knowledge
- IFRS „Deepwater” – Gap analysis and assessment, detailed IFRS-Local GAAP adjustments with indication of accounting policy choices, ERP implications (G/L, sub-ledgers), Management and external reporting imapacts (KPIs, loan covenants, equity position etc.), IFRS accounting policy preparation, draft IFRS financial statements
- IFRS „monitoring” – Follow-up of initial transitions, update with subsequent IFRS changes, staff education
Other IFRS Advisory
Solve IFRS-related matters, including preparation of rulings with IFRS relevancy, IFRS change impact analysis, Prepare IFRS financial statements and accounting policies
Impact of IFRS transition
Accounting and Taxation
Report preparation process, tax calculations
Controlling
KPI system, planning, internal reporting, analysis
Treasury
Debt covenants, rating process
IS
Revision of chart of accounts, changes in ERP systems
HR
Increasing training needs in Finance teams
Other
Statistical reporting, lower administration burden, etc.
CFO services
CFO Services to eliminate bottlenecks of a CFO’s agenda
A CFO agenda contains a number of activities…
- Process design
- Process improvement
- Controlling framework
- Report automation
These activities aim to…
- Improve efficiency and help achieving performance targets
- Empower CFO to focus on strategic and value added initiatives
Agenda items often have bottlenecks, as they…
- Tie up signficant internal resources at the finance teams
- Require managerial level thinking and involvement
How can we help?
Robotic Process Automation (RPA)
The 4th industrial revolution is happening in your back-office as well. Robotize your business processes to free-up brainpower for high value-added tasks and to reduce costs. Software robots take over tasks from white-collar employees doing mundane, repetitive, transactional tasks
Our offer for your RPA journey
Thinking about RPA as a short-term project will not enable you to take the real advantages of the RPA journey.
Proof-of-Concept
To prove, that RPA can work in your enterprise environment and it can deliver what is promised.
Pilot projects
To get to know, how robots can be applied in your business processes and how you can work with them. The preset KPIs are monitored to measure success.
Scale-up
Institutionalise RPA in the organisation. Build internal capabilities. Qualify additional processes for automation.
Our services
We truly believe, that business process automation with robotics increases the business value.
Process Improvement
We help select the best candidates for automation. We also assist you in streamlining your processes, since this is the first step of a successful automation.
RPA Development
We design, develop and test the automation workflows and support the go-live of the RPA solution.
Training
We help you developing your skills by holding RPA trainings and building capacity for your centre of excellence.