MIK-KONS

Demand
Comprehensive corporate control requires group reporting with modern control features.

Solution
MIK-KONS as an integrated consolidation information system, is designed to bring together all relevant data and meet the demands of a flexible and comprehensive consolidation process. A repeat check and retrograde breakdown of balance-sheet items according to accounts, countries, group associates and subsidiaries can thus be retrieved at any time. MIK-KONS supplies the group data for Group reporting, year-end financial statements and balance sheets. MIK-OLAP, the MIK database, provides the multidimensional analysis and evaluation model which, through automatic transfer guarantees that all information required for consoli-dation . as well as the information for the subsequent detailed analysis - is available and can be prepared with the aid of ultra-modern analysis software. Users can perform detailed examinations "on-line" using the powerful OLAP functionality.

Characteristic features

• Group reporting with modern control elements: complete solution for comprehensive corporate control
• Capability of preparing financial statements in parallel according to the German HGB, US GAAP/IAS and capability of preparing segment reports
• Repeat check and retrograde breakdown of balance-sheet items according to accounts, countries, group associates and subsidiaries can be retrieved at any time.
• Prompt, uncomplicated mapping at any level of detail