United Shipbuilding Corporation (USC) (1C: Consolidation)

2011: Construction of IFRS Consolidated Reporting System

Project Objectives and Objectives

Tasks set:

• Consolidation of reporting,
• Create a single data collection file
• SDA support (support line organization),
• Implementation of the model in the System,
• Organization of VGO reconciliation,
• Creation of analytical reports.

The priority goals of the client are formulated:

• Consolidation of RAS reporting
• Reduce reporting time
• Improving the accuracy of financial data
• Ability to analyze the efficiency of enterprises

Decision

To build an automated reporting consolidation system, solution 1C: Consolidation was chosen. With the help of 1C: Consolidation, visual and user-friendly systems for processing corporate reporting have been created.

In general, 1C: Consolidation allowed:

• Significantly increase the efficiency and speed of reporting
• Increase the detail of information for analysis
• Reduce the amount of routine work
• Reduce the risk of errors

Project results

• The system is put into trial operation in less than a month
• From start to completion of the project - 2 months
• The System was supported for one reporting period - then the client independently supported the System - the intervention of MKSKOM specialists is minimal
• The entire model is implemented by parametric configuration - the ability to Drill-Down to the initial data from any report
• The client independently developed 45 analytical certificates