Local Valuation, Profit Center Valuation, Company Valuatin

Dollar, Euro, Yen, Chinese Yuan...

The need of handling parallel data is not only arising from the consideration of international accounting standards. IM&C supported several companies in activating a corporate currency in addition to the local currency as well as in designing and realizing the relevant adjustments. Considered strictly, parallel pricing on inventory is also necessary, but many customers renounce to simplify matters. Similar questions are raised by “Dual currency” and “inflation accounting” - topics, which IM&C is able to support with the GCP engine even without mapping the corporate evaluation. Business-related reasons in favor of handling parallel data can basically be classified in:

Parallel Currencies

corporate currency
hard currency
index-based currency

Parallel Evaluation

corporate evaluation
profit center evaluation
additional evaluations according to IFRS, US-GAAP

As parallel currencies result from conversion rates, parallel evaluations require an absolutely parallel costing based upon alternative evaluation rates.

News

German E3 magazine

Interview: "Don't leave it to the accountants"

Global Connect Award

IM&C nominated in the category "Hidden Champion".

Success-Story

TRW Automotive GmbH:
Transparency in Global Value Chains (German)

Home
FAQ's
Kontakt
Links
Downloads

Sitemap

Print this Page