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One Group.
Any Standard.
Reports Always Ready.

Classify once. BrizoConsol produces P&L, Balance Sheet, and Cash Flow automatically every period.

Group — Entity Standards● 5 Entities
Each entity · its own standard
🇸🇬 HoldCo (Singapore)SFRS
🇬🇧 OpCo UKUK GAAP
🇺🇸 OpCo USUS GAAP
🇦🇺 OpCo AustraliaIFRS (AUS)
🇲🇾 OpCo MalaysiaLocal GAAP
Setup
5
Standards
Auto
Reports
Report Under Any Major Accounting Standard

Tag each entity to the correct standard once — applied consistently across all consolidations and reports.

IFRS

Global standard for listed companies and cross-border groups.

US GAAP

Required for US-incorporated entities and SEC filings.

UK GAAP / FRS 102

UK standard for UK-incorporated subsidiaries.

SFRS

Singapore standard aligned with IFRS, for SGX-listed companies.

Local GAAP

Flexible configuration for any jurisdiction — Malaysia, Australia, Hong Kong, and more.

Mixed-standard groups fully supported — different standards per entity, one correct consolidated output.

Classify Once. Reports Always Ready.

Classify accounts once. BrizoConsol handles everything else every period.

Classify Your Chart of Accounts

Map accounts to P&L, Balance Sheet, or Cash Flow. Applied automatically every period.

Applied Automatically Every Period

Journal entries flow into correct report sections automatically every consolidation run.

Three Reports, Always Ready

P&L, Balance Sheet, and Cash Flow produced automatically with correct standard treatment.

Reports Produced Automatically

Once accounts are classified, these are ready every consolidation run — no additional work required.

ReportWhat's Included
Consolidated P&LRevenue, cost, and profit with intercompany eliminations and correct standard treatment per account
Consolidated Balance SheetAssets, liabilities, and equity consolidated — intercompany balances eliminated automatically
Consolidated Cash FlowGroup-level operating, investing, and financing — produced from the consolidated data each period
Mixed-Standard OutputEach entity's accounts treated per its standard — one correct group output regardless of how many standards are in use
Full TraceabilityEvery line traces back to its source journal entry — no black-box output
GAAP Journals & Consolidation Journals — Kept Separate

Two different purposes, two different owners. BrizoConsol separates them so month-end is always clear.

GAAP Journals

Conversion Adjustments

Entries that convert a subsidiary's accounts from its local standard to the group's standard — Development Costs, PP&E, Leases, Goodwill Amortisation, and more. Typically owned by the subsidiary finance team or entity-level accountant closest to the local books.

Consolidation Journals

Group-Level Entries

Entries that exist only at the group level and have nothing to do with GAAP conversion — acquisition accounting, fair value adjustments on acquisition, purchase price allocation. Owned by the group FC or CFO.

GAAP Journal Types

Each GAAP journal entry is assigned a type — making it easy to review, filter, and confirm that every conversion difference for the period has been addressed.

Goodwill Amortisation

For groups where the subsidiary amortises goodwill under its local standard (e.g. FRS 102) but the group does not.

Development Costs

For reversing capitalised development costs when converting from IFRS to US GAAP, where R&D must be expensed.

Impairment

For adjustments related to impairment recognition and reversal differences across standards.

PP&E

For reverting PP&E from the revaluation model to cost model when converting to US GAAP.

Investment Property

For converting investment property from fair value (IFRS IAS 40) to the cost model required under US GAAP.

Leases

For reclassifying lease expense presentation between IFRS 16 finance treatment and US GAAP ASC 842 operating lease line.

Financial Instruments

For measurement category differences between IFRS 9 and US GAAP ASC 815 / 825.

Inventory

For LIFO reserve adjustments when a US GAAP parent uses LIFO and the IFRS subsidiary uses FIFO or weighted average.

Employee Benefits

For pension and post-employment benefit differences between IAS 19 and US GAAP ASC 715.

Reclassifications

For presentation reclassifications required to align the subsidiary's line items with the group's reporting structure.

Other GAAP Journals

Catch-all for any GAAP conversion adjustment that does not fit a named category above.

Month End Status

GAAP Journals and Consolidation Journals each appear as separate line items in Month End Status — so you can see at a glance which is posted and which still needs work.

See Month End Status →
Built for Groups That Can't Afford to Get It Wrong

Standards compliance is automatic with BrizoConsol for audited and investor-backed groups.

Investor & Lender Confidence

Produce IFRS or GAAP-compliant statements automatically from day one.

Period-End Consistency

Standards applied consistently every month — no manual recalculations or version control issues.

Full Traceability

Every number traces back to its source entry with full journal traceability.

Standards Setup — See How It Works

Watch how to select your accounting standard, assign account classifications, apply standards to journal entries, and access built-in compliant reports.

30 sec
Standards Setup — See How It Works
Tutorial

Standards Setup — See How It Works

Watch how to select your accounting standard, assign account classifications, apply standards to journal entries, and access built-in compliant reports.

$35 / entity / month

Accounting Standards & CTA are included in every Pro subscription. No add-ons, no extra setup fees. Start your free trial and explore both features with demo data today.

Start Free Trial View Pricing
✓ No credit card required ✓ Full access for 30 days ✓ Includes all Pro features

Also in Pro: Currency Translation Adjustment (CTA) →

Common Questions

What is the difference between GAAP Journals and Consolidation Journals in BrizoConsol?
GAAP Journals are conversion adjustments — entries that restate a subsidiary's accounts from its local standard to the group's standard (for example, reversing capitalised development costs when converting from IFRS to US GAAP). Consolidation Journals are group-level entries that exist only in the consolidated accounts, such as acquisition accounting journals and purchase price allocation. BrizoConsol keeps them separate so the right team owns each type and month-end status is clear at a glance.
Does BrizoConsol support IFRS and US GAAP in the same consolidation?
Yes. BrizoConsol supports mixed-standard groups — each entity can be tagged to a different standard (IFRS, US GAAP, UK GAAP / FRS 102, SFRS, or Local GAAP) and the correct treatment is applied per entity within the same consolidation run.
How do I assign an accounting standard to an entity in BrizoConsol?
In BrizoConsol, you set the accounting standard once in each entity's settings. From that point, account classifications and report treatments are applied automatically every period — no re-configuration required each month.
Does BrizoConsol automatically produce IFRS-compliant statements?
Yes. Once accounts are classified and a standard is assigned, BrizoConsol produces consolidated P&L, Balance Sheet, and Cash Flow statements with the correct treatment applied per standard. The output is ready for audit without manual rework.
Is accounting standards support included in all BrizoConsol plans?
Accounting Standards is a Pro plan feature, available at $35 per entity per month. It includes Currency Translation Adjustment (CTA), Non-Controlling Interest (NCI), and all other Pro capabilities. A 30-day free trial includes full access with no credit card required.
What accounting standards does BrizoConsol support?
BrizoConsol supports IFRS, US GAAP, UK GAAP (FRS 102), Singapore Financial Reporting Standards (SFRS), and flexible Local GAAP configuration for other jurisdictions including Australia, Malaysia, Hong Kong, and more.

Ready to Produce Consolidated Statements Under Your Standard?

Classify once. Reports always ready — P&L, Balance Sheet, and Cash Flow, every period.

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