ValueFinancials™

Overview
ValueFinancials™ is an efficient and simple to use financial statement preparation tool.

ValueFinancials™ integrates directly with your general ledger and provides a simple mechanism to capture and classify the information you need to prepare a full set of consolidated financial statements and all notes in accordance with relevant reporting requirements.

ValueFinancials™ enables reporting for full-year, Differential Reporting, half-year and the New Zealand Stock Exchange from the same data source under New Zealand, Australian and International Financial Reporting Standards.

ValueFinancials™ also provides data management for working papers supporting the financial statements such as reconciliations, lead schedules, mapping summaries and Excel worksheets.

Functionality
ValueFinancials™provides you with the ability to:

• import from almost any general ledger
• capture information external to the general ledger for disclosure
• post adjusting journal entries
• select and modify where appropriate, the required
• disclosure for your financial statements
• consolidate multiple reporting entities.

• an automated, structured and efficient means of preparing financial statements
• ability to create working papers to support the financials statements
• high level of quality control, eg.
  – audit trail of adjustments
  – automatic note and page referencing
  – automatic rounding within pre-defined tolerances
  – balance and validity checking
  – control over figures and text to ensure integrity is maintained
• compliance with current accounting standards in New Zealand and Australia and consistency with the PricewaterhouseCoopers Essential Annual Reports publications
• simple process to update amendments and adjustments to financial statements
• fully supported including training, assistance with implementation, annual disclosure update and help desk
• easier to audit due to controls and working papers