Even medium-sized companies almost always operate worldwide today. Apart from multiple sites and legal units at home, their consolidated management also has to include companies in other countries. As a rule, this involves very heterogeneous structures, with different ERP and financial accounting systems, different data quality, and monthly, quarterly or annual financial statements that are only comparable to a certain extent.
How can you be sure to get accurate financial reporting information about individual companies and the group during the year? We combine our expert knowledge with practical implementation to set up stable, manageable processes to prepare periodic financial statements within your corporate group.
IASB publishes final amendments to IAS 7 and IFRS 7 on supplier financing arrangements
On May 25, 2023, the IASB published amendments to IAS 7 and IFRS 7 (Supplier Finance Arrangements), which include supplementary disclosure requirements under IAS 7 “Statements of Cash Flows” and IFRS 7 “Financial Instruments: Disclosures”. ...read more