Complete visibility on the activities performed by corporate treasury is ensured by tailoring treasury reporting to the right audience such as the CFO or audit committee, which will help treasury to demonstrate its value to the organization.
The registration of treasury transactions requires treasury technology that is integrated with your ERP system for accounting purposes. Treasury accounting needs to be compliant with both IFRS/FASB as well as local GAAP.
Trends & Developments
Due to recent regulations and the trend towards fair value reporting, treasury accounting has become an often highly complex process;
Leveraging technology to ensure straight-through, end-to-end processing will ensure that treasury is compliant;
The task of corporate treasury is no longer to simply provide accurate data, but also to conduct meaningful analysis to help drive revenue generation and improve the financial position of the organization;
As the role of treasury has expanded in recent years, best-in-class global treasury organizations have taken on a leading role by proactively reporting on their activities.
How can we assist you?
Current IFRS/FASB reporting is more market-driven and requires valuation and validation of complex treasury products and financial instruments;
Monthly treasury reporting (including hedge effectiveness testing) will be required from an audit point of view;
Developing a treasury dashboard or scorecard will enable treasury to proactively report on its activities and play a more influential role in the organization;
Identification of the treasury value drivers in your organization and the design of key risk, performance and value indicators.
Interested in treasury accounting & reporting?
Get in touch with Laurens Tijdhof or Sander van Tol for more information about treasury accounting & reporting.
Reporting for the sake of reporting does not create any added value to the organization. Have you ever questioned who is reading your daily, weekly and monthly reports and what they did with the infor...
How to successfully use robotic capabilities for financial process automation
Are you thinking about replacing part of your workforce by automated robots? Think again, because Robotic Process Automation (RPA) is not about getting rid of what may be your company's most valuable ...
IBOR reform in the euro area – progress in an ocean of uncertainty
To respond to the concerns about the reliability and robustness of the IBOR benchmarks, the Financial Stability Board (FSB) recommended the development of an alternative (nearly) risk-free reference r...
Challenges with the replacement of IBOR benchmark interest rates
Benchmark interest rates are an essential part of financial markets. These interest rates are used for numerous financial products, such as bonds, loans and derivatives, and in the construction of dis...
With the mandatory implementation deadline of 1 January 2018 less than a year away, the impact of IFRS 9 Financial Instruments should not be underestimated. This accounting standard significantly chan...
Accell Group is internationally active in the middle and higher segments of the market for bicycles, bicycle parts and accessories. Yearly, it sells around 1.7 million bikes in more than 70 countries....