Volatile times bring special challenges for group accounting. This is all the more true in the context of carve-out projects, the separation of individual divisions from a larger group or a company in the upper midmarket.
At the same time, in the course of the digital transformation, expectations are generally increasing with regard to the availability of data and the possibility of simulating certain scenarios in order to create the foundation for well-founded decisions.
Practical experience shows that a pure view of the consolidated financial statements often falls far short of the mark, especially in transformation projects. This is because the subsequent processes - including, for example, management reporting and planning - should ideally not be viewed individually, but as integral components of a larger, holistically designed management platform. This aspect is also a particular focus in the case of restructuring and carve-outs.
Against this backdrop, this white paper deals with the new, increased requirements surrounding consolidated financial statements. On the other hand, the special case of carve-outs will be in the spotlight. The selection criteria, aspects and concrete recommendations for action relating to the use of modern solutions for group management are discussed.
Download our whitepaper!
