Aliaxis Group: Moore Stephens CFO Services steps in after the sudden departure of the Group Consolidator

Aliaxis Group is the world’s largest manufacturer of plastic piping systems for transporting fluids. The group consists of around 100 companies with branches in 40 countries. Moore Stephens CFO Services led the Consolidation Team after the manager left unexpectedly.

Moore Stephens’ expertise:

  • Consolidation
  • IFRS reporting
  • Cognos consolidation and reporting software

Customer request

Aliaxis Group was looking for a fast and efficient solution to deal with the sudden departure of its Group Consolidator. Moore Stephens CFO Services had the right expertise to lead the existing team, so the reporting process could continue to run smoothly. Respect for timing was important and a positive audit report on the Group’s consolidated IFRS accounts was essential. Above all, the existing team had to become increasingly independent during the consolidation process.

Approach

The Moore Stephens CFO Services team is known for its hands-on approach. We used Cognos consolidation and reporting software to ensure continuity in reporting. With our flexible attitude, we ensured the schedules were followed and knowledge was transferred gradually. We worked in mutual consultation and on the basis of internal availability.

Result

With the assistance of Moore Stephens CFO Services, continuity of consolidation and IFRS reporting was ensured. The transfer of knowledge to the existing consolidation team enabled ongoing internal growth and evolution. The collaboration with Aliaxis Group grew into "on-call assistance". Moore Stephens CFO Services provides extra assistance whenever it’s needed.

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