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Consolidation

"The consolidated report sets out the financial position and results of a group of companies seen as a single undertaking." Accounting Standard 17, CNDC.

The applications of consolidation involving Axiante integrate a set of pre-established feature of consolidation and financial reporting. By combining cpnsolidation application with solutions for Planning, Reporting and Analysis, Axiante can give a concrete response to the pressing needs of the CFO.

For the Corporate Controller, the integrity of data is crucial to automate the entire process of closure, from data collection to financial consolidation as well as the production of formal documents.

Our competence within the consolidation arena reduces the risks of the CFOs, provides higher quality and faster strategic decision-making processes throughout the organization. Greater visibility of financial performance facilitates external relations and regulatory compliance such as Sarbanes-Oxley IFRS.

Competences

  • Knowledge of international accounting standards IFRS (International Financial Reporting Standards) and U.S. GAAP (Generally Accepted Accounting Principles).
  • Design and implementation of applications to consolidate group and companies operating in national and international contexts.
  • Partnerships with leading global players in international solutions for consolidation.

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