Transformation of accounting statements according to group standards (mapping)
If your company faces problems in reporting transformation, you are not sure of the accuracy and transparency of the information provided, swilar specialists will provide qualified support in setting up and automating the transformation.
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Regular transformation of financial reporting on outsourcing
The transformation of accounting statements is individual for each company and depends on many factors: the size of the company, group policies and business sector.
How can we help?
Swilar specialists will generate transformation files with the selected frequency (month, quarter, year) and provide complete reporting packages in the specified detail.
There are 2 options for providing services for transforming your company’s reporting:
1. Initial setup, provision of transformation schemes and instructions.
2. Regular transformation through outsourcing.
The joint work will be organized as a project
Within this framework we:
– Will examine group policies and accounting policies according to the Russian accounting standards (RAS).
– We will create an automated module for transformation from RAS to group accounting standards (using software agreed with the client).
– We will train the client’s employees to transfer reports.
– We will make proposals for the convergence of RAS and group accounting standards.
– We will write transformation instructions.
Advantages of working with swilar
If the service is provided on turnkey basis
We will fully take on all the problems of initial setup, updating and changing the transformation rules, coordination with the parent company.
Compliance with the legislation
We always comply with laws and regulations in all aspects of our services. This ensures safety and reliability of cooperation.
When passing external audits
Important differences of the models developed by swilar specialists are a clear interface for entering initial data, transparency and at the same time protection from unintentional misstatements and excellent visualization of results.
Individual approach
We consider each client’s unique needs and develop strategies that meet their specific goals.
Other services
Annual reporting packages according to IFRS, HGB, US GAAP. Consolidation
Setting up control systems
Internal audit, internal control systems
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