consolidation
How to Consolidate Entities With Different Charts of Accounts
The three entities in Sofia’s group each had their own accounting history. Entity A was the original business, built on…
Step Acquisition in a Construction Group: The Consolidation Accounting When Your Associate Becomes a Subsidiary
Construction groups often hold minority stakes in specialist subcontractors before acquiring control. A main contractor might take a 30% or…
Intercompany Loan Eliminations: A Practical Guide to the Complications That Matter
The basic elimination of an intercompany loan is simple enough: the loan receivable in the parent’s accounts and the loan…
How to Consolidate a Subsidiary With a Different Financial Year-End
The acquisition completed in October, and by December the group was closing its financial year. The newly acquired subsidiary —…
How to Consolidate a Subsidiary When Ownership Is Less Than 100%
For three years, every entity in Daniel’s group was 100% owned. The consolidation was straightforward: add the trial balances together,…
Intercompany Loans in a Restaurant Group: Eliminating the Loan, the Interest, and the Impairment You Didn’t Expect to Reverse
Opening a new restaurant costs money before it makes any. The fit-out, the equipment, the initial stock, the pre-opening wages…
A Complete Consolidation Worked Example: From Entity Trial Balances to Consolidated Financial Statements
Most consolidation guides explain what an intercompany elimination is. Far fewer show you exactly what happens to the numbers when…
How to Consolidate a Subsidiary After a Change in Ownership
Two years ago the group acquired a 60% stake in a specialist logistics business. It was consolidated from day one,…
PropCo/OpCo Intragroup Leases in a Retail Group: Eliminating the Ghost IFRS 16 Assets That Shouldn’t Appear on Your Consolidated Balance Sheet
When the group financial controller at Arcadia Retail Group first ran the numbers for the consolidated balance sheet, the total…
Management Fees in a Restaurant Group: What the Consolidated Accounts Actually Show — and Why the Real Cost Is Not the Fee
When Apex Dining Group Ltd prepared its year-end consolidation, the group financial controller faced a question she had not properly…