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IFRS & Multi-GAAP

FlexFinance helps banks to overcome the challenge of combining national and international accounting standards.

FlexFinance IFRS

The FlexFinance IFRS solution from FERNBACH offers the most reliable and robust automated process for IFRS compliance and covers the complete process chain of IFRS accounting, thereby reducing the processing times for all banking products. 

 

We have worked on highly successful implementations with FERNBACH, especially where large volumes of transactions are involved, which increases the complexity and requires experience, a solid track-record and dedicated experts. FERNBACH-Software has a strong track record and is the only vendor that has an IFRS and risk solution as part of its core business. Working shoulder-to-shoulder with experts that have such in-depth accounting knowledge was a deciding factor throughout the entire project.

Dong-Hyung Cho, Director of Advisory Consulting at Samil PwC

Spotlight

Executive Briefing with Deloitte

Board members and representatives from functional areas such as Accounting, Risk Management, Compliance and Auditing attended an Executive Briefing late last quarter on “Regulatory Changes and Opportunities under IFRS 9” held by Christoph Meilen of Deloitte S.A. in Luxembourg and Dr. Karl Kirchgesser of FERNBACH-Software S.A.

 

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