Consolidation and Reporting Services
Securing your path
The challenging economic environment intensified by the surge in business restructuring, new market standards and best practices that are rapidly changing, all have an impact on the world of consolidated financial reporting. Keeping up the pace is a key challenge as reporting requirements continuously become more demanding.
Consolidated reporting constitutes a major challenge for corporate financial management. As a key element to a group’s management process, it must be constantly tailored to strategy and must gauge the results. It should therefore represent a crucial competitive advantage by contributing to a company’s responsiveness and adaptability.
Improving transparency, accuracy, timeliness and reliability of financial information is essential for companies to create added value in their financial and management consolidation and reporting processes. This can be achieved by focusing on people, processes and technology.
Within this context, our consolidation services could help CFOs to enhance data integrity, shorten the closing cycle and increase flexibility in the consolidation and reporting process. To handle these challenges, Deloitte has developed relevant tools and methodologies, such as Deloitte’s ‘Consolidation Toolkit’ and ‘Integrated Performance Management Landscape’ that allow you to create your competitive advantage.