CFO Solutions and Consolidation
The role of the Chief Financial Officer (CFO) has been undergoing continuous change for some years now. The once primary focus on external accounting and the strong emphasis on the finance function are giving way to a broader perspective leaning towards Performance Management. More and more CFOs are now assuming responsibility for enterprise controlling and company management, making use of non-financial key figures.Creating an integrated reporting system, which enables coordinated controlling from an internal and external perspective, is a key challenge for every CFO. What is required are controlling instruments that integrate strategy, operational planning and execution, incentive system and risk assessment.
In addition, changing requirements, such as external regulations according to International Financial Reporting Standards (IFRS), must be taken into account.
cundus supports CFOs in meeting these challenges with experienced process and organization consultants, who themselves have lengthy experience in controlling and business functions. Our core competences include the creation of uniform, reconciled standard charts of accounts for internal and external reporting, consolidation as part of group accounting, and intercompany reconciliation.
