Segment Reporting And Profit Center Accounting

WORKSHOP

A workshop with numerous design tips, valuable advice and extensive checklists for comprehensive segment reporting – presented by Dr. Frank Rothhaas , senior adviser and long-time SAP® specialist.

Duration: 1 Day

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9:00am – 5:00pm

GERMANY

645 EUR

1,250 EUR p/day + travel (Workshops held at client’s place)

Motivation

For capital market-oriented companies reporting under International Financial Reporting Standards, the presentation of financial results by segment is the main requirement. In addition, the success of business and responsibility areas as well as of market segments is now attached to a far greater significance for the company management, as of the balance sheet and income statement of individual enterprises. With the functionality of the new general ledger of SAP® and the deep integration of internal and external accounting, it is possible to meet this requirement and to ensure complete segment reporting and profit center accounting.
The prerequisite for this is a consistent implementation of the existing companies and
organizational structures as well as business management models in the application
design. In this regard, the seminar is designed to shed light on all the important decisions
regarding functions and design parameters that need to be considered on the way to
complete segment reporting and profit center accounting in SAP®.

Overview

Segmentation Of Balance Sheet And Income Statement

  • The need for segment reporting
  • Relevance of profit center accounting
  • Substantive and organizational prerequisites within the company and the group

Basic Concept And Realization In SAP®

  • Integration in the new general ledger of SAP®
  • Master data and derivation of the profit center and segment information
  • Important settings in new General Ledger (such as document splitting)

Design And Functionality

  • Asset Accounting with respect to profit centers and segments
  • Special features in current assets (receivables, bank and cash, inventories and work in process)
  • On the liabilities (including provisions and deferred income)
  • Design of the COFI-real-time integration with respect to cost allocation and activity accounting
  • Goods movements in Logistics

Period-end Closing And Reporting

  • Balance sheet (among others adjustments per maturity, GR/IR)
  • Balance Sheet Valuation (FOREX, bad debts, flat-rate individual value adjustments)
  • Profit center and segment reports on the level of the individual enterprise
  • Group Consolidation and Reporting

Recommendations

  • Design guidelines for a complete segment reporting and full profit center accounting
  • Summary of Results
  • Questions / Discussion

Target Audience

  • Managers and members of Financial Accounting and Corporate Controlling
  • IT members (esp. SAP® application support in the area Finance and Controlling)
  • Business members in preparation for their role as key users in SAP® projects
  • Junior consultant in the course of their education and training with regard to SAP® Consulting
Speaker

Speaker

Dr Frank Rothhaas

Dr. Frank Rothhaas is Managing Director of Conessent, a global business and SAP® consultancy, based in Germany. Frank provides a global team leadership and project management role for their clients on all aspects of consultancy – from roadmap design to technology selection and solution architecture. Having spent 15 years in business process improvement, system design and integration in complex ERP environments, Frank has provided solutions to numerous large and mid-size companies across the globe, specializing in electronics, media, pharmaceutical, telecommunications and logistics. Frank holds a Ph.D. in Information Management and Business Informatics from the University of Mannheim in Germany.

Register or Enquire

Visit us and learn more about interesting and innovative topics in finance and controlling. Our practical workshops are content oriented to small groups of participants to ensure a broad space for interaction. We discuss your individual questions and tackle technical implementation. On request we can also put together individual workshop packages for you, and carry out events at your site.

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