Close your UAE MYOB group consolidation the same day your entities close — no manual AED currency lookups, no spreadsheet assembly across SAR, INR, and GBP entities. BrizoConsol consolidates your group automatically, every period.
Here is a realistic picture of the month-end close for a four-entity MYOB group, with and without BrizoConsol.
Group consolidation has three phases: entity close, group processing, and reporting. BrizoConsol automates the processing phase entirely, and accelerates the other two.
Every consolidation run produces a complete reporting package — ready to share with the board, auditors, or investors the same day entities close.
Group revenue, gross profit, EBITDA, and net profit across all entities. Intercompany revenue and cost eliminated. Entity-level breakdown available on drill-down.
Available same dayFully balanced, intercompany receivables and payables eliminated, investment in subsidiaries eliminated, CTA in equity, NCI disclosed separately.
Available same dayGroup liquidity view with intercompany cash transfers stripped out. Operating, investing, and financing activities across all entities.
Available same dayFull record of every elimination applied — auto and manual. Categorised by type, amount, entity pair, and basis. Ready for auditor review.
Available same daySide-by-side entity performance for the period — revenue, margin, and expense variance vs prior period and budget. Identifies which entities drove group performance.
Available same dayLive KPI dashboard updated with the latest consolidated data. Pulse health scores across cash flow, AR, margin, and operational metrics at group and entity level.
Available same dayUAE groups with Australian parent entities or cross-listed structures often rely on MYOB AccountRight or MYOB Business for their Australian operations, with separate systems for UAE and GCC entities. BrizoConsol consolidates MYOB entities alongside any other platform your UAE and GCC subsidiaries use — AED, AUD, SAR, QAR, INR, and other currencies all translated under IAS 21 automatically.
Australian groups expanding into the UAE or GCC often keep MYOB AccountRight or MYOB Business for their Australian entities while adding a UAE holding or operating entity. BrizoConsol consolidates MYOB entities alongside the UAE entity — IAS 21 AED→AUD translation applied automatically each period with full intercompany elimination.
Groups headquartered in the UAE with MYOB-based subsidiaries in Australia and New Zealand consolidate across three currencies: AED, AUD, and NZD. BrizoConsol handles all three under IAS 21, producing a group consolidated view in the reporting currency of your choice.
BrizoConsol supports both MYOB AccountRight and MYOB Business — groups can consolidate entities across both product lines in a single view. Whether your UAE-linked Australian entities use AccountRight for desktop-based accounting or MYOB Business for cloud-based operations, BrizoConsol connects to both.
UAE and GCC groups with MYOB in Australia and Zoho Books or Xero in regional subsidiaries can consolidate all platforms simultaneously. BrizoConsol connects to each platform independently — the group consolidation includes all accounting systems in one run.
UAE groups preparing consolidated financial statements must comply with IFRS 10 Consolidated Financial Statements, as adopted under the UAE Commercial Companies Law (Federal Law No. 32 of 2021) and enforced by the Securities and Commodities Authority (SCA) for listed companies. DIFC and ADGM entities are subject to their own regulators but also follow IFRS. BrizoConsol automates IFRS 10-compliant consolidation for MYOB groups across the UAE and GCC — including intercompany eliminations, AED-based currency translation under IAS 21, and NCI attribution.
IFRS 10 requires a UAE parent entity to consolidate all subsidiaries it controls. The UAE has mandated IFRS for listed companies under SCA regulations, and most large private groups also prepare IFRS-compliant statements for banking and investor reporting. BrizoConsol applies IFRS 10-compliant consolidation logic — including full intercompany elimination and NCI — across all connected MYOB entities automatically.
UAE groups with foreign subsidiaries — in Saudi Arabia (SAR), India (INR), the UK (GBP), or elsewhere — apply IAS 21 The Effects of Changes in Foreign Exchange Rates. BrizoConsol translates each foreign entity's financials at closing rates (Balance Sheet) and average rates (P&L), calculates the Currency Translation Adjustment (CTA), and includes it in the consolidated Balance Sheet under equity — automatically each period.
UAE listed companies file consolidated financial statements with the Securities and Commodities Authority (SCA). DIFC-incorporated entities are regulated by the DFSA under DIFC Law, while ADGM entities fall under FSRA rules — both require IFRS-compliant consolidated accounts. BrizoConsol produces audit-ready consolidated statements with a full elimination audit trail for submission to your appointed auditors and regulator.
UAE-headquartered groups typically span entities in Saudi Arabia (SAR), Qatar (QAR), Kuwait (KWD), India (INR), the UK (GBP), and the US (USD) — each requiring AED translation under IAS 21. Many use MYOB in their UAE holding entity and other platforms regionally. BrizoConsol consolidates AED, SAR, QAR, KWD, INR, GBP, and USD entities in a single run, applying IAS 21-compliant rates automatically.