PROJECTS
Finance
Our professionals support our clients with improvement projects for their accounting, control and reporting departments.
Projects could be improving the planning & control cycle, the KPI reporting, preparing the annual accounts, etc.. We also deliver support for company's or departments in a Finance Transformation.
As reporting standards experts, Finance Stream helps organizations with their (IFRS, US GAAP and RJ/Dutch GAAP) accounting issues.
External reporting
Examples of projects and assignments
- drafting IFRS position papers for revenue recognition, claims & litigations, real estate, customer loyalty, lease, mergers & acquisitions, valuation of investments, intangible fixed assets, impairments and new propositions;
- drafting and reviewing IFRS and Dutch GAAP annual accounts ;
- preparation of US GAAP journal entries for 15 defined benefit pension plans (including analysis and contact with the actuary).
Finance transformation
Examples of projects and assignments
- IFRS 15 and IFRS 16 impact analyses and process design;
- centralizing accounting processes from divisional departments and country offices to the Shared Service Centre;
- advice on purchase to pay process and the record to report process using a new SAP upgrade;
- standardizing and accelerating month-end closure processes.
Audit
The new Dutch Corporate Governance Code emphasizes the importance of the internal audit function. As a good internal audit department is a precondition for an effective external audit.
The professionals of Finance Stream can help your organization with all audit related issues. We perform annual audits, IT audits or operational audits. The audit professionals of Finance Stream have, with their Big 4 background, the required skills and experience to support your organization.
Internal audit
Examples of projects and assignments
- executing and planning of internal audits on financial and non-financial processes like HRM, maintenance, marketing and construction in the Netherlands and abroad;
- drafting audit reports and preside exit meetings with management;
- performing quality reviews on working methodologies and audit programs.
Financial audit
Examples of projects and assignments
- managing assurance assignments with teams of 5 or more persons;
- performing risk analyses and planning activities for audit assignments;
- evaluating complex reporting line items, consolidation issues, valuation issues, issues related to revenue recognition;
- drafting and discussing management letters and other reports.
Risk and Compliance
Company's want or need to comply with requirements imposed by laws and regulations, their own policies and / or generic or industry-specific laws and regulations.
Finance Stream helps organizations with their governance, risk and compliance processes. Our professionals are aware of the latest developments in the field and have extensive experience in governance, risk and compliance.
Risk & Controls
Examples of projects and assignments
- updating and aligning the Sox / ISAE3402 narratives, control dashboard and the evidence repository for the order to cash processes;
- executing risk assessments, audits and reviews on multiple processes;
- reviewing process narratives and internal control checklists.
Compliance & Controls
Examples of projects and assignments
- executing SOX, EDP and compliance audits;
- performing SAP FI/CO, MM and GRC reviews on double payments, segregation of duties and three-way matching controls;
- facilitating internal and external (EDP, SOX and Financial) audits.
CONTACT US
Finance Stream
Nootdorp, Netherlands
✆ +31 6 433 78 512
✉ mark@finance-stream.com
KVK 52045153
