• about reply
Avantage Reply Logo
Menu
  • About Us
    About Us
    • About Us
    • History
    • Our Approach
    • Values
    • Alumni
    • Strategic Partners
    • Media Contacts
    • Contact Us
  • Our Capabilities
    Our Capabilities
    • Our Capabilities
    • Risk
    • Insurance
    • Finance
    • Conduct & Compliance
    • Technology
  • Newsroom
    Newsroom
    • Newsroom
    • News
    • Events
    • Press Articles
    • Blog
    • Academy
  • Publications
    Publications
    • Publications
    • Briefing Notes
    • Case Studies
    • CRO Insights Journals
    • Infographics
    • White Papers & Practical Guides
  • Career
    Career
    • Career
    • BELGIUM
    • FRANCE
    • ITALY
    • LUXEMBOURG
    • NETHERLANDS
    • UK
  • about Reply
Avantage Reply Logo

Search

Focus On

FINANCE TRANSFORMATION

Avantage Reply’s finance practice assists CFOs and finance functions to manage transformation towards a more efficient and effective organisation while ensuring current regulatory, competitive and economic environment considerations are addressed.

OFFERING

Our teams at Avantage Reply offer tailored solutions depending on your business model, sector and position in the market.

Corporate performance:

Our approach to corporate performance involves assisting clients with:

  • Aligning performance measurement across the group (all operational subdivisions of the company);
  • Developing and implementing the corporate strategy through management dashboards and enabling strategy-aligned decision-making at all levels;
  • Conducting capital utilisation review exercises;
  • Improving the efficiency of the management cycle, reviewing forecasting and budgeting processes and tools.

Regulatory compliance:

The regulatory environment continues to pose challenges with new regulations regarding reporting and underlying data management, major accounting rule changes like IFRS9 and IFRS17 and on-going modifications of the solvency regimes for financial institutions. We assist finance functions in enhancing their processes or implementing systems to ensure that reporting is compliant and robust.;

Efficiency:

We also help our clients optimise the efficiency of their operations. Through the definition of new operating models, assisting in the offshoring or outsourcing of finance processes or implementing shared service centres.

We also enable organisations to harness and leverage evolving technology. Implementation of new technology, automation of finance processes and improvement of data security initiatives are among the main challenges we help our clients with.;

RELATED CONTENTS

Best Practice

Repercussions of the Transition to the IFRS System, including a Technical System Appraisal

The merry-go-round of regulatory changes is constantly turning, and continuously presents new challenges for banks. A further complication is added by the CRD IV since one section has been adopted as a regulation and is to be directly applied nationally without being implemented nationwide. In so far as they have not been directly incorporated into the CRD IV or at least been included in provisional regulations, national options generally do not apply.

Best Practice

Prudential Filters. Adjustments to the Equity based on Consolidated Financial Statements as per IFRS

Capital market-orientated banks which have to prepare their consolidated financial statements as per IFRS and banks which voluntarily prepare consolidated financial statements under IFRSs have, since 01/01/2007, been able to determine the level of equity based on consolidated figures as per their consolidated financial statements under IFRSs (option under Sec. 10a(7) German Banking Act (KWG)).

Risk & Compliance

Briefing Note

EDTF guidelines for IFRS 9 impairment-related disclosures

In 2012, the Financial Stability Board set up the Enhanced Disclosure Task Force (”EDTF”), which focused on the quality, comparability and transparency of these disclosures, particularly those flowing from IFRS 9 and US GAAP changes in Expected Credit Loss (“ECL”) approaches. In December 2015, the EDTF issued detailed guidance, including templates, for the requirements relating to changes in disclosures under the IFRS's new ECL regime. 

 ​
 
 ​
 
Reply ©​​ 2023 - Company Information -
 Privacy Cookie Settings​
  • Abou​t Reply​​
  • Investors​​​
  • Newsroom
  • Follow Reply on
  • ​
​
  • ​About Avantage ​​Reply
  • Privacy & Cookies Policy
  • Information (Client)​
  • Information (Supplier)
  • Information (Candidate)