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Multicurrency IFRS Consolidation Software

Can you recommend software to produce consolidated IFRS accounts for an international group?

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We prepare year end and interim accounts for an international group of c. 20 companies reporting using IFRS.  Currently this is done using a large excel spreadsheet.  Subsidiaries report in a number of different currencies.

Can anyone recommend a reasonably priced software package that can be used to replace Excel, and produces an audit trail that makes life easier for our auditors?

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By Sbailen
12th Jun 2017 10:02

Hi I've just seen the post from my accountingweb email bulletin today, if you are still looking for a solution please take a look at www.iFRC.co.uk/consolidation

Having worked with many consolidation systems in the past iFRC Ltd was set up to create a simple and intuitive consolidation and reporting system that can be owned by finance whilst offering an extremely cost effective solution compared to the market.

All solutions are complete with audit trails and reporting to your auditors will be simple and easy (and potentially your internal reporting requirements).

Regards
Stephen 07921 941178 (Full contact details on the website)

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By Edward Beale
12th Jun 2017 10:43

Thanks. I will be in contact.

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