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.
Selling a Machine to Your Own Subsidiary: Why the Disposal Gain Is Fictional and What to Do With It
When a manufacturing group restructures its production capacity, it is common for assets to move between entities. A pressing machine…
Intragroup PPE Construction: Why Your Consolidated Balance Sheet Is Overstating Fixed Assets — and How to Fix It
The group financial controller at a family-owned logistics and construction business had been running the consolidation for three years before…
Why Every Entity Hit Its Target — But Your Consolidated E-commerce P&L Is Down
David is the CFO of a four-entity e-commerce group that sells lifestyle products across the UK, US, EU, and Australia.…
Central Buying Office Stock Eliminations in a Retail Group: Unrealised Profit, Multi-Category Margins, and the NRV Test That Changes at Consolidation
Most retail groups of any scale have separated their buying and sourcing function from their retail operations. The buying office…
The Margin Hidden in Your Closing Stock: Eliminating Unrealised Intercompany Profit in F&B Group Consolidation
When Priya, the group finance director of Latitude Food Group, prepared the December consolidation, the gross margin looked wrong. The…
The Same Building, Counted Twice: Eliminating Ghost Assets From Intragroup Leases in Property Groups
Rachel is the group finance director of Meridian Property Holdings, a group that owns eight commercial properties across separate SPV…
Consolidating an LLP Into a Corporate Group: The Three Questions Your Standard Consolidation Pack Doesn’t Answer
When the group financial controller of a professional services holding company set up the consolidation for the first time after…
The Profit That Isn’t There: Eliminating Unrealised Intercompany Margins in a Manufacturing Group
It was the kind of discrepancy that looks small until you trace it back. The group finance manager at a…
When Your Subsidiary Is Both Contractor and Subcontractor: Eliminating Intercompany Revenue in a Construction Group
The group finance director at a medium-sized UK construction group was preparing the June consolidation when she noticed something that…
How to Account for Returns in a Multi-Entity E-commerce Consolidation — And Why Getting It Wrong Inflates Group Revenue
Tom is the group controller for a three-entity fashion e-commerce business. The UK trading entity runs the Shopify store and…