Review of IFRS 9 accounting processes

Following the migration of the KTP accounting system to Quantum, inconsistencies were identified during the first financial closing, impacting the reliability of information. The main objective of the assignment was to ensure the compliance and robustness of accounting processes in accordance with IFRS 9. This involved optimizing data quality, securing authorizations and ensuring overall consistency between financial systems. The assignment also involved defining a concrete action plan to correct any anomalies detected and improve reporting.

The process began with an in-depth review of the financing and treasury processes, in order to identify the major points of attention. Next, Quantum authorizations were checked to reinforce access security. A detailed mapping of accounting systems was drawn up, by financial instrument, event and scenario, facilitating the traceability of flows. An exhaustive inventory of accounting entries detected anomalies and missing entries. A structured action plan was then drawn up and rigorously monitored. Corrections in systems and reporting were coordinated, while new, clear and standardized operating procedures were drafted and implemented.