Financial Accounting and Expanded Corporate Reporting Managed Services

Efficiently managing financial consolidation can be a complex and time-consuming challenge for many organizations. Group accounting can also face numerous internal and external challenges, such as regulatory changes, digital disruption, finance transformation initiatives and maintaining business agility.

EY Managed Consolidation and Reporting Services can help provide a broad, technology-supported consolidation and reporting experience that can be used in the following scenarios:

• Fully outsourced: to enhance consolidation and reporting processes
• Partly outsourced: EY teams help to perform the consolidation and reporting on site or using the existing systems
• Hybrid: fully outsourced initially, then EY teams will help with the transition and system implementation into existing systems
• Internal management reporting

EY teams have deep technical accounting knowledge and can provide support with:

• Full-cycle, complex, multi-entity consolidation and financial reporting
• Multi-GAAP reporting and statutory disclosures

 Learn more about EY Managed Consolidation and Reporting Services.

The requirements and challenges associated with sourcing, validating and aggregating data required for environmental, social and governance (ESG) reporting are evolving rapidly.

ESG Management and Reporting Services incorporate the latest industry frameworks and standards and provide a seamless end-to-end solution to help your organization manage the process and more efficiently report ESG data.

The solution leverages EY teams’ knowledge and Enablon’s cloud-based software platform providing a centralized repository to help you track ESG data and strategies, assist with the ESG reporting processes, better manage sustainability risk and provide relevant insights to internal and external stakeholders.