Close Process Management
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…
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…
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…
How to Review a Consolidation Before Final Sign-Off
Victoria had run the group close for six years. Her consolidation model was well-built, her adjustment schedule was complete, and…
How to Manage Consolidation When Every Subsidiary Has a Different Excel Template
It is the third working day of the month. James has seven trial balance files in his inbox. One is…
How to Prepare a Consolidation Adjustment Schedule
Patrick had been running the group consolidation for two years when the audit firm changed. The outgoing team had known…
Why Your Month-End Close Keeps Slipping (And How to Get It Back Under Control)
It was day nine of what was supposed to be a five-day close. The group financial controller of a seven-entity…
Multi-Entity Month-End Close Checklist: A Step-by-Step Guide for Group Finance Teams
It is day three of the month-end close. The financial controller at a four-entity group has the trial balances from…