Global consolidation - efficient and cost-effective

For clients with a large number of pension plans—potentially across multiple countries—we provide our interactive, English-language online tool, Abelica Account, for a fee upon request.
This tool allows you to centrally coordinate processes for valuations under IAS 19, FRS 17, and US GAAP (ASC 715-20) and consolidate the results clearly. Different currencies are automatically converted into the group reporting currency. We set up all pension plans and their associated entitlements in our online tool in consultation with you.
Data is entered locally via an encrypted internet connection. To ensure optimal user-friendliness, the tool includes help functions and validation checks. Individual read and write permissions can be assigned. In addition to entering data, users can also add comments (e.g., explanations regarding the derivation of parameters).
You can check the progress of the project at any time and, once we have approved the results as group actuaries, generate single or multi-year reports (notes to the financial statements) in Excel and PDF format. Notifications regarding individual project steps can be sent directly to the relevant parties via email through the tool.
Using Abelica Account can make your processes for consolidating personnel provisions for financial reporting more efficient.