financial consolidation
AI Auto-Map Explained: How BrizoConsol Automatically Maps Entity Accounts to Your Group Chart of Accounts
Before a multi-entity group can produce its first consolidated set of accounts, every entity in the group must have its…
Goodwill in Group Consolidation: How to Calculate and Account for It in Your Group Accounts
When a group’s holding company acquires a controlling interest in another business, a new figure tends to appear on the…
Virtual Groups in BrizoConsol: How Finance Teams Report by Division Without Restructuring Your Entities
When managing a multi-entity group, finance teams often discover that the legal structure of the organisation bears little resemblance to…
How to Use Journal Entries in Group Consolidation (With Examples)
It’s the last Friday of the month. Your Xero instance has the parent’s trial balance. QuickBooks has the US subsidiary’s…
MYOB Consolidation: Group Financials MYOB Can’t Produce
You are the CFO of a group with four operating entities, all running MYOB. The quarter is ending. The board…
Automated Intercompany Journals: Cut Manual Work at Group Close
Sarah is the group controller for a nine-entity professional services firm. On the last working day of each month, she…
US GAAP Consolidation: A Practical Guide to ASC 810 for Multi-Entity Groups
A UK-based professional services group acquired a 60% stake in a US software business and immediately discovered a problem its…
Financial Consolidation for Holding Companies: How Finance Leaders Consolidate Across Subsidiaries
A holding company is an entity that owns a controlling interest in one or more subsidiary businesses. Unlike an operating…
Financial Consolidation for Property Groups: How to Handle SPVs, Intercompany Loans and Group Reporting
The CFO of a property investment group with eleven entities received a request from her bank in March: provide consolidated…
Zoho Books Multi-Entity Consolidation: How Group CFOs Get Consolidated Accounts Across Multiple Organisations
The CFO of a trading group operating across the UAE, the UK, and India had built a clean accounting operation.…