KPMG and Lucanet

During the initial introduction of Lucanet as a corporate performance management platform and the optimisation of existing systems, you will receive technical and specialist support.

The experts from the Accounting Advisory Services department provide professional, technical and procedural support for the efficient preparation of your consolidated and group financial statements in accordance with HGB, IFRS or US GAAP. This provides your team with professional support, whether on a temporary or permanent basis (Consolidation-as-a-Service).

With Group Reporting within the Lucanet solution, we work with you to implement a customised reporting package that includes decentralised IC reconciliation, mirror information and all notes in addition to the monthly financial figures. The possible milestones and validation rules round off the quality assurance of your monthly reporting. Your supplying companies are trained and actively supported by us during the first few months of filling.

Our experts will be happy to advise you on the creation and plausibility checks of integrated financial planning. Reliable data and models as well as situation-specific scenarios form the basis for continuous and transparent reporting. Solid integrated financial planning is one of the most important management tools for companies. You can draw on our wealth of experience in supporting companies of all sizes - from SMEs to international corporations.

With KPMG, you have a competent partner at your side for the use of Lucanet in restructuring situations. Benefit from the expertise of one of the leading consulting firms for companies in restructuring situations. Of course, this also includes ensuring adequate stakeholder reporting.

Your added value:

• Consolidation for accurate and transparent reporting across all units
• Financial planning and analysis (FP&A) for informed decision-making
• Automated financial reporting to increase efficiency and fulfil obligations
• Decentralised Group reporting for your digitally supported monthly and annual reporting

Our experts support the implementation of automated end-to-end reporting in disclosure management. This includes creating the data import, linking the data to the reports and the professional creation of report content. Specialists are called in for layout and translation after consultation and as required. In addition to training in tagging functionalities, you will also receive support with content-related questions on tagging in accordance with ESEF and ESRS, the implementation of new processes for report creation and the management of a transparent and efficient reporting system.

Your added value:

• Data collection, verification, updates and reporting in one solution
• Efficient data management with automated updates of the data used
• Connection of data sources from various connectors (SAP, Lucanet, SQL database, etc.)
• Simultaneous editing of report sections based on Microsoft products (Excel, Word, PowerPoint) with multiple users possible
• Implementation of disclosure management in compliance with the audit trail for transparency for auditors
• Implementation of tagging functionalities for compliance with regulatory requirements in accordance with ESEF and ESRS
• Standard or customised processes for report creation including release, layout, translation and audit functionalities
• Configuration of authorisations, including at document and chapter level

Our team supports you in the optimisation and implementation of an automated end-to-end tax solution - from the calculation of provisions, tax declarations and e-balance sheet to the tax audit and the fulfilment of additional reporting obligations such as Pillar 2 and CbCR.  

In particular, you benefit from the initial setup of the tool, the determination and implementation of interfaces and mappings, the migration of old years and technical issues in the annual financial statements. Further specialists are brought in after consultation and if required. In addition to training on basic functionalities and systematic issues, our tax experts also provide support on content-related issues, particularly in the area of tax accounting and Pillar 2.

We are also available for you after the introduction of GTC to jointly resolve any issues that arise. Our aim is to offer you the best possible support for reliable and efficient tax reporting in close cooperation with AMANA.

We also provide you with specialist support on all aspects of deferred taxes in the annual financial statements, support with tax issues relating to consolidation and the preparation of tax notes.

Your added value:

• Data collection, verification and updates in one solution
• Connection of data sources from various connectors (SAP, Lucanet, SQL database, etc.)
• Comprehensive solution for handling tax data throughout its entire life cycle
• Modular configuration to fulfil increasing requirements
• Efficient end-to-end process and no media disruptions from provision calculation to declaration
• Dedicated role concept
• High degree of automation leads to reduced susceptibility to errors and effective processing in usually short year-end closing windows
• Automatic aggregation of individual company data into group data and thus automated preparation of the tax notes
• Milestone concept enables group-wide monitoring

Our experts support you in implementing the regulatory requirements in the areas of environmental, social and governance - from the double materiality check to the final machine-readable report. The ESG solution, Disclosure Management and the XBRL tagger are used to establish efficient ESG reporting for you.

Lucanet's ESG tool supports you with decentralised data collection and data aggregation. Milestone planning and the customisable questionnaire help you to obtain the right information from the relevant contacts.  The collected data can also be enriched via interfaces to all common ERP, financial accounting and HR systems and Excel imports in order to have a single point of truth for your ESG data. With the integrated emissions calculator, you can determine your Scope 1, 2 and 3 emissions in accordance with the GHG Protocol standard.

In Disclosure Management, the collected ESG data flows together in your annual report. In addition to layout adjustments and text design, validations within the data also take place here in order to ultimately create a print-ready sustainability report.

With the XBRL tagger, you can tag your data in a machine-readable format in order to fulfil all regulatory requirements. Once tagging has taken place, it is rolled forward annually and thus automatically supports you in fulfilling your reporting obligations.

Your added value:

• Decentralised data collection and aggregation for the entire group
• Integrated CO2 emissions calculation for easy calculation of the CO2 footprint
• Tagging to create machine-readable reports

Our leasing experts analyse your leasing contracts as part of IFRS Conversion and prepare your contract data clearly and transparently in Lease Accounting. As part of training courses and workshops, you will be prepared for decentralised contract management and mapping of IFRS 16 postings and, together with us, set up the user authorisations and workflow for your efficient system-supported lease accounting.  

Thanks to categorisation in various dimensions, you can map an almost unlimited number of contracts clearly in one solution. In addition to the mapping of classic lease contracts, Lease Accounting also allows you to display low value leases, short-term leases and all key notes for your IFRS financial statements. By creating a budget plan, you can take future lease bookings into account in your planning.

Your added value:

• Calculation, booking and reporting of all types of leases in accordance with IFRS 16
• Decentralised contract management across locations and departments as well as workflow support
• From contract data to Notes details - all in one tool