IAS Partner GmbH Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft

Reporting

	Budgeting
	Recent events in the financial markets clearly demonstrate that missed forecasts are punished severely and can have negative consequences for shareholder value and share prices. By necessity, budgeting is becoming a continual process focused on:
		constant updating of forecast data
		continued improvement of budgeting accuracy
		shortening of budgeting cycles
	Thus, budgeting is a critical success factor in securing a company’s future. Budgeting will be one of the most important issues of the coming years. Our services cover the entire range from individual budgeting tasks up to implementing a complete budgeting, controlling, and reporting system.

	Our services are provided in packaged modules in the following processes: In a status quo analysis we determine:
		the current status
		strengths and weaknesses of the current budgeting systems
	In a target analysis, we develop:
		suggestions for improvements, taking into account best practice results
		a target budgeting process
		a budgeting manual and calendar
		requirements for budgeting software
	In the implementation phase, we implement:
		the budgeting system
		the budgeting software
	We see the process through to the first budgeting round and develop the individual process steps through ongoing communication with management and other budgeting participants.

	The budgeting system consists mainly of:
		Business plan
		Financial Budget
		Rolling Forecast