Industry Guides
Practical financial consolidation and group reporting guidance tailored to specific industries. Learn about the unique accounting, reporting, and consolidation challenges faced by different business sectors.
Financial Consolidation for Financial Services Groups: What IFA Networks and Wealth Management Groups Get Wrong in Their Group Accounts
Charlotte is group FD of Meridian Wealth Group, a network of three acquired IFA practices built over the past 18…
Step Acquisition in a Construction Group: The Consolidation Accounting When Your Associate Becomes a Subsidiary
Construction groups often hold minority stakes in specialist subcontractors before acquiring control. A main contractor might take a 30% or…
The Management Fee That Won’t Eliminate: How Hotel Groups Fix the Incentive Fee Consolidation Mismatch
Priya is the group financial controller at Meridian Hospitality Group, a UK-based collection of four hotels operating under a single…
Selling a Retail Chain: Why the Consolidated Disposal Gain Is Not What the Parent’s Books Show
When Vantage Retail Group completed the sale of Forum Apparel — a fashion chain it had owned for three years…
Intercompany Loans in a Restaurant Group: Eliminating the Loan, the Interest, and the Impairment You Didn’t Expect to Reverse
Opening a new restaurant costs money before it makes any. The fit-out, the equipment, the initial stock, the pre-opening wages…
Acquiring a Property SPV Mid-Year: How to Handle the Purchase Price Allocation, Goodwill, and Your First Consolidation
In August, the board of Hartfield Property Holdings approved the acquisition of Stanmore Yield SPV Ltd, a commercial property holding…
Intercompany Staff Secondments in a Professional Services Group: How the Margin Hides in WIP and What to Do About It
Professional services groups routinely second staff across entities. A shared services centre provides analysts to a client-facing consulting firm. A…
When Your Construction Subsidiary Reports Under FRS 102: Aligning Accounting Policies Before You Consolidate
The group financial controller at a mid-sized UK construction holding company had always managed the consolidation without much difficulty. The…
Three Consolidation Problems That Only Exist When Your Factory Is in a Different Currency
The finance director had consolidated the UK group’s two domestic subsidiaries without difficulty every quarter for years. When the board…
PropCo/OpCo Intragroup Leases in a Retail Group: Eliminating the Ghost IFRS 16 Assets That Shouldn’t Appear on Your Consolidated Balance Sheet
When the group financial controller at Arcadia Retail Group first ran the numbers for the consolidated balance sheet, the total…