Business Challenge

A large US$ Billion plus revenue client had acquired an early stage Ai start up with fit for purpose accounting support. The acquiree needed to be integrated into the parent’s financial reporting and policy framework.

Solution Implemented

• Undertook a Balance Sheet sweep to stress test validity of each account balance.
• PStress tested key accounting policies for compliance with the parent.
• Transitioned end to end accounting and regulatory compliance to Catapult Capability Centre
• Catapult team enabled transition to Group policies and reporting calendar.

Our Impact

• Integrated an acquisition with the parent in 3 months.
• Ensured zero surprises I adjustments during Big 4 audit.