Until recently, Primonial Group had its consolidation performed by two external accounting firms, one for a consolidation in line with French accounting standards and the other one specializing in IFRS. Following the Group capital restructuring in March 2017, a decision was made to insource this expertise. Primonial’s dual objective was firstly, to stop depending on accounting firms and secondly, to rely on a trustworthy audit trail.
- Insourcing of expertise
- Greater autonomy in the consolidation process
- Simplified publication of consolidated financial statements
- Reliable audit trail
including 9 overseas