It is advisable to weigh up the pros and cons of parallel or adjustment accounting. The structure of your business and organisation will be decisive in determining what the best solution is.

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FERNBACH provides a comprehensive IFRS solution which includes valuation of financial instruments, calculation of impairment and hedge management; consolidation with multi-currency capability.

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When loans are in default, existing processes may have to be revised to allow the measurement of risk provisions and impairment.

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Thanks to the highly granular analysis of risk factors related to hedged items and hedging instruments, hedging relationships can be designated as effective in compliance with regulations. From an economic perspective, fluctuations in the profit and loss account can be reduced.

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