Consolidation and accounting standards

In a complex, ever-changing and demanding world that requires groups to invest in equipment, training and team availability, RSM CCI Conseils can offer the following solutions:

Audit of consolidated financial statements

Companies must respond to increasingly broad and complex regulatory requirements. Our independent audits provide the necessary expertise to meet these requirements. Our teams provide the information needed to analyse and understand the key points of the audit. Our approach enables us to highlight the most relevant information for the audit committee, and to distribute high quality financial information to the investors.
Our teams can also assist you in the purchase of corporate groups or corporate entities. We will help you audit the targeted entity’s consolidated financial statements, or calculate the consequences of an acquisition on your financial information (related to calculation of the opening balance fair values and the acquisition cost, or discrepancies in methods or pronouncements, etc.)

Assistance in implementation of new accounting standard or changes in regulations

Successful implementation of new accounting standard (IFRS, US GAAP, etc.) or new regulatory limitations is tied to understanding your group's specific issues, along with a perfect grasp of the various pronouncements and information systems.
Our experts will work by your side through the following stages:

Financial and organisational diagnostics
Defining stages, schedule of work and project oversight
Assistance with migration from one set of pronouncements to another
Support during changes in systems
Impact simulation

Assistance in implementing Group information systems

Within the framework of your migration or new system implementation, we provide support along with our partners in the following areas:

Determination of requirements and drafting of specifications
Assistance with software editors’ response analysis
Assistance in selecting software packages
Assistance during software acceptance (data retrieval, definition of configuration requirements, etc.)
Drafting the user manual taking into account your group’s specific requirements

Assistance in preparing the consolidated financial statements

We can support you in:
Occasional assistance with specific and complex issues (change in scope of consolidation, preparation of the cash flow statement, treatment of deferred taxation, simulation of complex transactions, proforma, etc.)
Occasional integration of experienced consultants into your consolidation department who are trained in the main types of software on the market

Support in the scope of a project to reduce closing time frames and/or improve the quality of information (analysis of key points, proposals, draft procedural manuals, etc.)

Assistance with data collection: Entry, control and validation of subsidiaries’ corporate income tax returns, establishment of ratios and reporting statements, etc.

Outsourcing the consolidation function

We provide our team of experts and IT solutions to handle some or all of your consolidation process, from the collection of data to the preparation of notes to the financial statements, output of reporting statements and the relationship with your statutory auditors. Our proven methodology enables us to optimise processing times in a secure environment.