Month-End Close
The Consolidated Statement of Changes in Equity: How to Build the Full SOCE From Entity-Level Movements
Priya had been group controller for three years. She had consolidated balance sheets, intercompany eliminations, goodwill calculations, and currency translation…
How to Review Consolidated Financial Statements Before Board Reporting
Elena had sent the board pack at 5 pm on the Friday before the quarterly board meeting. At 9 am…
How to Handle a Subsidiary That Has Not Completed Its Month-End Close
It was 4:30 pm on the day of the group close deadline. Marcus had seven of his eight subsidiary trial…
Intercompany Naming Conventions: How to Structure Account Codes, Labels, and Journal Descriptions Across Your Group
It was month three of a new group controller’s tenure when she sat down to do the first intercompany reconciliation…
How to Prepare a Group Reporting Package From Consolidated Data
Harriet closed the consolidation model at 7pm on a Thursday — three days after the quarter end — and opened…
The Intercompany Elimination Schedule: How to Build the Register That Runs Your Group Close
Three weeks after the year-end close, the external auditors asked a straightforward question: could the group controller produce a complete…
Why Intercompany Journal Volume Explodes as Your Group Grows — and Which Journals to Automate First
Ollie is the management accountant at Meridian Services Group, a seven-entity professional services business. At the start of each month-end…
How to Reconcile Consolidated Equity
The audit senior’s email arrived on a Tuesday morning, two weeks before year-end sign-off. Claudia, group financial controller at Veritas…
How to Reconcile Consolidated Retained Earnings
The audit PBC request landed in Priya’s inbox on the first Friday of January. She had been group financial controller…
How to Build a Consolidation Review Checklist
Ben joined as group financial controller of a six-entity manufacturing group in March. His predecessor had left a generic consolidation…