Advice

Accounting Consulting

Our accounting expertise goes beyond the mere application of standards: we support our clients in analysis, anticipation, and decision-making, turning accounting obligations into true management levers.

Our Services

Accounting opinions and advisory
Drafting of technical opinions and impact analyses on specific transactions or complex issues (mergers, migrations, liquidations, etc.).

Accounting framework conversions (Lux GAAP, IFRS, other international standards)
Impact studies, transition planning, team training, and support in the implementation of new standards or amendments (e.g., IFRS 9, IFRS 13, IFRS 16).

Regulatory anticipation and lobbying
Continuous monitoring of accounting and regulatory developments in Luxembourg and internationally. Forward-looking analysis and strategic recommendations to anticipate changes and adapt financial models.

Assistance with drafting and review of:

Annual, quarterly, semi-annual, and annual reports
Accounting principles and policies
Annexes and notes to the financial statements
Specific reports for regulators or investors

Specialized technical support
Presentations and workshops on complex accounting topics (valuation of financial assets, derivatives, consolidation, provisions, treatment of stock options, etc.).

Tailor-made training
Customized sessions for your teams covering:

IFRS and Lux GAAP frameworks
Complex technical issues
Preparation for future evolutions
Trainings can be delivered in French or English, onsite or remotely.

Operational support
Ad hoc or recurring assistance for your accounting teams, particularly during annual/quarterly closings, when implementing new tools, or when reinforcement is needed for specific projects.

Diagnostics and optimization of accounting processes
Review and improvement of internal procedures to ensure compliance, efficiency, and reliability of financial information (fast close, automation, digitalization of reporting).

Regulatory advice

In a constantly evolving environment marked by increasing regulatory complexity, FSCC supports its clients in assessing impacts, anticipating changes, and implementing tailored solutions.

Our Services

Impact analysis and implementation of new regulations, including regulatory watch
Detailed assessments, risk and opportunity identification, definition of compliance roadmaps, and operational support.

Banks and financial institutions

AQR (Asset Quality Review): preparation, asset quality analyses, documentation, and follow-up
Basel III / CRD IV – CRR II: capital requirements, liquidity and leverage ratios, and strategic financial impacts
FINREP / COREP: support in the implementation of consolidated regulatory reporting
EMIR / MiFID II: transactional reporting obligations, counterparty risk management, operational compliance

Investment funds and PSF

AIFMD: assistance with the implementation of AIFM reporting (Annex IV), monitoring transparency obligations, delegation, and substance requirements
UCITS V / PRIIPs: compliance of investor documentation (KID, prospectus, remuneration policy, etc.)
Local regulations: monitoring compliance with CSSF circulars, AML/CTF, and substance requirements

Regulatory monitoring
Tracking legal and regulatory developments in Luxembourg and internationally, with clear summaries and practical recommendations to adapt operations.

Operational support
Assistance during regulatory inspections, internal/external audits, or transformation phases (new product, restructuring, IT migration).

Targeted training
Workshops and training sessions for your teams on regulatory developments, with a focus on practical impacts and market best practices.

Financial Reporting and Operational Support

Financial reporting is not just a legal requirement: it is a true strategic lever for management, transparency, and communication with investors, shareholders, and regulators. FSCC supports its clients at every stage, from accounting close to process optimization, with particular expertise in project management and tool implementation.

Our Services

Assistance with periodic and annual closings
Technical and operational support during monthly, quarterly, and annual closings. Coordination with various stakeholders (accounting teams, auditors, financial officers, and board members when needed).

Remediations and reconciliations
Identification of discrepancies, correction of anomalies, and implementation of robust and tailored internal control procedures.

Financial reporting support and optimization

Preparation or compilation of financial statements (Lux GAAP, IFRS, other frameworks)
Proforma, accounting principles, and policies
Assistance with review and validation by external auditors

Group reporting
Implementation, optimization, and automation of consolidated reporting. Fast close management, harmonization of instructions, and streamlining of consolidation processes.

Reporting process optimization
Diagnosis and improvement of existing procedures. Selection and implementation of accounting and consolidation software. Establishment of reliable information flows and effective procedures to reduce both delays and risks.

Project management (FSCC core expertise)

Needs analysis and definition of objectives
Drafting of clear and tailored specifications
Coordination of stakeholders (internal teams, service providers, software vendors)
Functional and final testing to ensure successful implementation
Post-implementation follow-up and continuous improvement

Support for internal audit functions

Internal audit plays a key role in governance and risk management. FSCC acts as a technical and operational partner to internal audit departments, bringing in-depth expertise on accounting, financial, and regulatory matters.

Our Services

Technical support on complex issues
Assistance to internal audit teams in analyzing sensitive topics: accounting standards (Lux GAAP, IFRS), regulatory reporting, substance, delegation, governance, etc.

Impact assessments and diagnostics
Targeted studies to evaluate the consequences of new standards or regulations on the organization and its internal processes.

Quality reviews

Independent assessment of internal audit missions
Review of methodology and audit plans
Practical recommendations to strengthen efficiency, traceability, and compliance

Assistance with specific missions
Ad hoc support for thematic audits (AML/CTF, valuation of financial assets, regulatory reporting, fund governance, etc.).

Training and awareness
Tailored workshops for internal audit teams on accounting and regulatory developments, with a focus on their practical impacts on audit assignments.