CDC Software - Statutory Consolidations

Statutory Consolidations

STATUTORY CONSOLIDATIONS

With the growing scrutiny and stringency on corporate reporting, statutory (legal) consolidations and reporting cannot be left to chance. With the need of many international organizations to deliver results on more than one GAAP basis, the requirements for statutory consolidation and reporting is growing. But statutory consolidation is not just about external reporting - it is fundamental to an organizations business strategy and includes:

Mergers and acquisitions strategy Partners (Joint Venture) strategy
Determination of investment level versus control level
Minimization of corporate liability (risk management)
Minimization of taxation exposure

Executive Suite^TM includes a fully integrated statutory/legal consolidation capability
allowing the preparation of results in multiple GAAP as necessary as well as being able
to model and strategize the corporate portfolio structure.