Efficiently managing financial consolidation can be a complex and time-consuming challenge for many organizations. Group accounting can also face numerous internal and external challenges, such as regulatory changes, digital disruption, finance transformation initiatives and maintaining business agility.
EY Managed Consolidation and Reporting Services can help provide a broad, technology-supported consolidation and reporting experience that can be used in the following scenarios:
- Fully outsourced: to enhance consolidation and reporting processes
- Partly outsourced: EY teams help to perform the consolidation and reporting on site or using the existing systems
- Hybrid: fully outsourced initially, then EY teams will help with the transition and system implementation into existing systems
- Internal management reporting
EY teams have deep technical accounting knowledge and can provide support with:
- Full-cycle, complex, multi-entity consolidation and financial reporting
- Multi-GAAP reporting and statutory disclosures
Learn more about EY Managed Consolidation and Reporting Services.