Emerson Audit & Conseil  supports you during every stage of your treasury function transformation projects by putting the focus on the added value of solutions, collaborations with other areas of the Finance Department and integration in key business processes.

With a strong and experienced team, Emerson Audit & Conseil delivers services that address all treasurer concerns:

  • Adapting the organisation
  • Transforming information systems
  • Managing and measuring performance
  • Developing reporting
  • Understanding and anticipating market developments

Our services

  • Critical review of treasury function organisation
  • Diagnostic tool for optimising cash management processes and evaluating opportunities for centralisation
  • Implementation of the treasury function: definition of the intervention framework, developing procedures, implementation of processes
  • Implementation and improvement of cash flow forecasts
  • Evaluation of the security level of payment processes
  • Project management and change management support: Steering Committee Preparation, progress and planning monitoring, identifying compliance areas
  • Assistance in selecting and applying cash information systems: analysis of operational needs, drafting specifications, tender management, drafting functional specifications, unit tests, validation testing, data recovery, user support
  • Defining and drafting coverage policies and associated operational procedures
  • Diagnostic tool for evaluating the impact of hedging strategies applied in financial statements and making recommendations
  • Assistance with reporting production for Back and Middle Offices
  • Assistance with the enforcement of IAS 32, IAS 39, IFRS 7, IFRS 9, IFRS 13 standards

Project Examples:

  • Implementing full IFRS accrual accounting for financial instruments in the context of migrating a new group cash management tool
  • Supporting the set up of a new cash management tool (investments and borrowing/lending short-term interbank) and market transactions (refinancing medium/long-term and rate management) in relation to a large ecosystem: regulation, accounting, consolidation, ALM, SwiftNet, Market data
  • Diagnosis related to the group treasury function with a focus on the hedging strategy

Some references