Financial Accounting and Expanded Corporate Reporting Managed Services
Adapting to evolving regulatory, technology and talent demands with in-house resources can be challenging and inefficient. EY teams can help reimagine your finance and accounting operating model.
What EY can do for you
Traditional business models are under increasing pressure to be more efficient and agile and adapt to the changing demands from stakeholders and the operating environment.
EY Financial Accounting and Expanded Corporate Reporting Managed Services combine deep experience, leading talent and technology with a global delivery model to support your business, so you can focus on your transformation strategy and driving business growth.
To meet these challenges, EY Managed Services professionals can provide support in some of the following areas:
Today’s Treasury function and supporting teams can be expected to go above and beyond daily treasury operations – they can advise of financial risks in volatile markets, keep pace with regulatory and accounting change, prevent commercial fraud and deal with increased stakeholder demands. But how could you do more, with fewer resources and faster?
Whether you’re looking for more support, improved performance or enhanced insight, EY Managed Treasury Services teams can help you by providing the flexibility and opportunity to re-deploy resources that can focus on strategic activities and business collaboration.
Lease accounting can still be a major challenge for many organizations. While some may struggle with the technology aspect, others have to contend with deficient Internal Control over Financial Reporting (ICFR).
But how can you monitor your compliance with regulatory requirements? And, how can you improve the global procurement of your equipment leases and management of your lease portfolio? EY teams can help you transform your lease accounting and contract management processes. The modular approach can be tailored to your organization and includes solutions that can assist with:
- Automating lease processes
- Rethinking your lease accounting and contract management
- Transferring your global lease process into your central shared service center
- Implementing supporting enterprise software
Learn more about EY Lease Accounting and Contract Management 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.
Learn more about ESG Management and Reporting Services.
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