{"id":5242,"date":"2025-05-06T11:19:43","date_gmt":"2025-05-06T09:19:43","guid":{"rendered":"https:\/\/geschaeftsbericht-2024.pcc.eu\/group-management-report\/internal-control-system-and-risk-management-in-relationto-the-group-accounting-process\/"},"modified":"2025-05-20T15:35:09","modified_gmt":"2025-05-20T13:35:09","slug":"internal-control-system-and-risk-management-in-relationto-the-group-accounting-process","status":"publish","type":"page","link":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/group-management-report\/internal-control-system-and-risk-management-in-relationto-the-group-accounting-process\/","title":{"rendered":"Internal control system and risk management in relation to the Group accounting process"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"5242\" class=\"elementor elementor-5242 elementor-565\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f719368 e-flex e-con-boxed e-con e-parent\" data-id=\"f719368\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2eb8626 elementor-widget elementor-widget-text-editor\" data-id=\"2eb8626\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe consolidated financial statements of PCC SE as of December 31, 2024, have been prepared in accordance with the International Financial Reporting Standards (IFRSs) of the International Accounting Standards Board (IASB) and the interpretations of the International Financial Reporting Standards Interpretations Committee (IFRS IC) as endorsed by the European Union (EU) and applicable as of the reporting date. In addition, the provisions to be applied in accordance with Section 315e (1) of the German Commercial Code (HGB) have been observed.  \n<br><br>The consolidated financial statements of the PCC Group are prepared\nin a multi-stage process using standardized consolidation\nsoftware from insightsoftware Deutschland GmbH (\u201cIDL konsis\u201d). \nThe financial statements pre-consolidated by individual subsidiaries\nand audited by the respective auditors are combined in the\nconsolidated financial statements of the holding company. PCC SE\nis responsible for providing support and assistance with regard to\nthe consolidation system, the uniform Group chart of accounts and\nthe implementation of consolidation measures. Uniform accounting\nand reporting guidelines apply to the companies included in the\nconsolidated financial statements. This covers the accounting and\nvaluation principles to be applied in accordance with the applicable\nIFRS regulations.   \n<br><br>All companies included in the consolidated financial statements\nhave a binding uniform schedule for the preparation of their financial\nstatements and the performance of the audit. Both automated and\nmanual controls are integrated into the entire preparation process.\nThe organizational regulations ensure that all business transactions\nand the preparation of the annual financial statements are recorded,\nprocessed and documented completely, promptly, correctly and on\nan accrual basis. Before a final report is submitted to PCC SE, a quality-\nassurance assessment process is carried out in the subsidiaries\nof the PCC Group by their own committees or with the direct involvement\nof management. This internal procedure concludes with\na formal written confirmation of the system\u2019s effectiveness, together\nwith a signed release of the financial statements of the individual\ncompanies or subgroups and related information for incorporation\nin the consolidated financial statements.    \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The consolidated financial statements of PCC SE as of December 31, 2024, have been prepared in accordance with the International Financial Reporting Standards (IFRSs) of the International Accounting Standards Board (IASB) and the interpretations of the International Financial Reporting Standards Interpretations Committee (IFRS IC) as endorsed by the European Union (EU) and applicable as of [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":5120,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-5242","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/pages\/5242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/comments?post=5242"}],"version-history":[{"count":5,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/pages\/5242\/revisions"}],"predecessor-version":[{"id":5685,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/pages\/5242\/revisions\/5685"}],"up":[{"embeddable":true,"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/pages\/5120"}],"wp:attachment":[{"href":"https:\/\/geschaeftsbericht-2024.pcc.eu\/en\/wp-json\/wp\/v2\/media?parent=5242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}