Deutsche Bank

Projects

  1. Consolidated financial statements according to US-GAAP and integration of internal and external reporting

    Legal Closing and Management Reporting as well as parallel accounting standards were integrated in a central consolidation application based on SEM-BCS. In order to provide reconciled figures the matrix consolidation was implemented.

    Scope

    • Implementation of a matrix consolidation integrating statutory and management consolidation
    • Parallel group and subgroup consolidation in accordance with various local GAAPs
    • Implementation of a flexible data model providing extensive and flexible reporting possibilities

    Archivements

    • Integrated external and internal group closing in accordance with US-GAAP using SAP SEM-BCS; sub group closings according to local GAAP
    • Flexible executive information system on the basis of SAP BW
    • Support of the Sarbanes Oxley Act (SOA) through further optimization of the closing and reporting processes.
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