Isolated risks
Risks are viewed in isolation — with no link to planning and management.
Home · AI & Solutions · IDW S16 & Finance
AI & Solutions
IDW S16: financial transparency & early crisis detection
Under § 1 StaRUG, it is your legal responsibility as management to identify developments that threaten the company’s survival in good time. IDW S16 is the recognised standard with which you build a robust management system for this purpose.
The challenge
Where management systems fall short in practice
Crises often come to light too late because central building blocks work side by side without connection.
Decoupled planning
Forecast and liquidity run alongside one another in a decoupled way instead of being integrated.
Measures without follow-up
Agreed measures are not pursued consistently and fizzle out.
Our services
To an effective management system in four steps
1
Analysis
Analysis of the finance and controlling system as a starting point.
2
Integrated planning
Assessment of the integrated planning across P&L, balance sheet and cash flow.
3
Liquidity & risk
Optimisation of liquidity and risk management.
4
Measures controlling
Introduction of effective measures controlling.
The result: an integrated view of earnings, cash flow and the impact of measures — with clear escalation paths and documented approval processes.
Detect crises early — and act in good time.
We are happy to review your management system together with you in line with IDW S16.