consolidation
FRS 102 Consolidation: A Practical Guide for UK Multi-Entity Groups
The holding company had been incorporated two years earlier to sit above three trading subsidiaries, and the group’s accountants had…
How to Find the Source of a Consolidation Difference
Lena had inherited the consolidation model when her predecessor left without a handover. She understood the structure of the model…
Why Does My NCI Calculation Not Match?
Owen had two partially-owned subsidiaries in his group. Harrow Manufacturing Ltd (60% group ownership, 40% NCI) had been in the…
Why Doesn’t My Consolidated Balance Sheet Balance?
Nadia had been staring at the same number for forty minutes. Total assets: £8,432,000. Total liabilities plus equity: £8,085,000. The…
Fiscal Year Alignment in Group Consolidation: Rules, Options, and the Three-Month Rule Explained
One of the less-discussed but practically significant challenges in group consolidation is the fiscal year mismatch. A parent company reporting…
Step Acquisition Accounting: How to Consolidate When an Associate Becomes a Subsidiary
When a group holds an associate stake and acquires enough additional shares to cross the control threshold, the transaction is…
Redeemable NCI: How to Account for Put Options on Non-Controlling Interests
A non-controlling interest does not always sit quietly in equity. When the minority shareholder holds a contractual right to sell…
Disposal of a Subsidiary in Group Consolidation: How to Calculate the Gain, Derecognise the Net Assets, and Remove NCI
When a parent loses control of a subsidiary — whether through a full sale, a partial sale that drops below…
Intercompany Eliminations: Organised by Type, With Full Difference Treatment Control
Intercompany eliminations are rarely straightforward. When balances between entities do not match perfectly — because of timing, exchange rate movements,…
Why Every Entity Needs Dedicated Intercompany Account Codes: The Group COA Design That Makes Eliminations Automatic
Tom is group financial controller at Nexum Group, a five-entity professional services group. Every month, after all five entities have…