Investment Companies

A successful development of any investment company operating in the financial market depends primarily on the quality of its financial management system. Since many investment companies represent company groups (holdings), it is important for them to have operational consolidated reporting that reflects the group’s state of affairs, its assets as well as the status of their trading deals.

In the majority of cases the financial reporting of an investment company is based on IFRS standards and should be submitted annually. An investment company utilizes the methods of management accounting for its operational management. In practice the differences between IFRS and operational management are very often. They include: accounting periods, different currencies for posting financial tools, various evaluation procedures, presence of specialized reports (e.g. CUR – Capital Usage Report), and multiple sets of analytical dimensions.

NaviCon Group solutions designed for financial departments of investment (capital market) companies are based on profound practical experience in development and implementation of solutions for Russian reporting, managerial and IFRS reporting with regard to severe requirements towards the report quality and cost efficiency of time and human resources spent on generation of such reports.