Month: August 2023

ESG – Reporting Standards Overview

ESG – Reporting Standards Overview

ESG stands for Environmental, Social, and Governance. It is a set of criteria used to evaluate the sustainability and societal impact of a company. It has become increasingly important in recent years because it helps to assess the long-term viability of a company and its potential risks and opportunities. On this blog post, we present […]

Group Reporting: What is it and is SAP offering a solution?

Group Reporting: What is it and is SAP offering a solution?

Group reporting: You say what? Any company with one or more subsidiaries, has a need to combine all financial results. This combining of results is called financial consolidation or group reporting. We literally merge all financial statements of all the companies within the group to one consolidated view, eliminating all intercompany bookings. This to get […]