Consulting & Advisory
IFRS 17 Implementation e2e
Insurance contract/reinsurance contract/separation of components, level of aggregation/portfolio, General measurement model (GMM), fulfillment cash flow: Combined ratio, insurance risk/risk adjustment, Variable Fee approach(VFA),Premium allocation approach (PAA), Local GAAP versus IFRS 17, Disclosure Forms for IFRS17.
Costing & Cost Allocation
Corporate Cost allocation methodology, Cost driver determination & implementation based on best suitability, Profit optimization & cost excellence.
Debt-Equity balancing
Trade-off theory Capital structure, Cost/Benefit Analysis, Implementation of set sector specific Debt-equity ratio.
Finance Analytics
Assessment of the Finance/Controllership function, Financial Statement Close Process, including process redesign, consolidation, intercompany, etc; other Financial Processes (and related controls) & Global Accounting & Reporting Transformation (GART); Data & Analytics
Financial Planning & Analysis
Future state vision for FP&A, developing pain points, Maturity assessment framework, Highlighting the latest trends and thought leadership in FP&A, Tear sheet for client discussions and proposals
COA & Accounting Rule changes
Charts of Account design based on segmenting in terms of Business unit, Operating unit, LOB & Product line.
Implementation of any accounting changes like Lease accounting, Revenue recognition.