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Groups of companies in Malta are consolidated for statutory financial reporting purposes. Although a statutory requirement, consolidations provide a bird’s eye view of the financial position and performance of the group, or parts thereof, that is useful for management’s review and control. This is a process which may be cumbersome depending on the granularity and quality of information available to the group, and the complexity and user-friendliness of the consolidation model used by the finance team to aggregate the data and pass the consolidation adjustments. KPMG has the right tool for your consolidation needs – C-TRECK.

C-TRECK has all the features required to prepare ad-hoc management consolidations and to fulfil your statutory annual consolidation obligations. The main features of C-TRECK are:

  • IFRS compliant
  • Tried and tested in diverse groups
  • Reduced time effort to consolidate
  • Multi-sector
  • Multi-currency
  • Significant automation
  • Transparent process
  • Low total cost of ownership
  • Flexible and customisable
  • Built by accountants for accountants

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