Review of the Group’s control model in international realities
Challenge The client, a prestigious international group operating in the Engineering & Construction sector, asked for Qintesi’s support and expertise in order to re-organise and complete the SAP group control model (Management and IFRS). The logistics and management processes in the various foreign subsidiaries were adapted to the civil and tax requirements (delta GAAP management) […]
Adaptation of SAP systems to IFRS accounting standards
Challenge The Customer, operating in the Engineering & Construction sector, has expressed the need to adopt the IFRS accounting standards in the local statutory financial statement. Until that time, the IFRS accounting principles had been adopted only at the level of the Customer’s Consolidated Financial Statements. The Customer has decided to adopt them also at local […]