Consolidation, simplified

C-TRECK has all the features required to prepare ad-hoc management consolidations and to fulfil your statutory annual consolidation obligations. The main features of C-TRECK are:

IFRS compliant
Tried and tested in groups of different sizes and from different industries
Reduced time effort to consolidate
Multi-sector
Multi-currency
Significant automation
Transparent process
Low total cost of ownership
Flexible and customisable
Built by accountants for accountants

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Groups of companies are consolidated for statutory financial reporting purposes. Although this is primarily a statutory requirement, consolidations provide a bird’s eye view of the financial position and performance of the group, or parts thereof, that is useful for management’s review and control. This is a process which may be cumbersome depending on the granularity and quality of information available to the group, and the complexity and user-friendliness of the consolidation model used by the finance team to aggregate the data and pass the consolidation adjustments. KPMG has the right tool for your consolidation needs – C-TRECK.

Jonathan Dingli

Partner, Corporate Accounting Advisory Services

KPMG in Malta

Our team can also assist clients in the process of the preparation of consolidated financial statements by providing the following services:

Assessment of accounting and reporting impacts and identification of gaps between IFRS and various accounting frameworks
Assessment of accounting policy choices
Assistance in the preparation of the opening consolidated IFRS Statement of Financial Position
Assistance in the preparation of IFRS financial reporting
Assistance with the implementation of consolidation software

KPMG Malta's Consolidation Tool - C-TRECK

KPMG has the right tool for your consolidation needs.

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Other Corporate Accounting Advisory services

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