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.
Our ideas might help you in making decisions.
FERNBACH provides a comprehensive IFRS solution which includes valuation of financial instruments, calculation of impairment and hedge management; consolidation with multi-currency capability.
A quick overview is provided.
The IFRS solution from FERNBACH supports FinRep in accordance with the European Banking Authority (EBA) requirements. The solution is provided as a pure data capture solution where the result values are input directly into the relevant forms as well as an automated solution where the results are calculated from raw data and the forms are filled automatically. Don’t delay in convincing yourself.