group consolidation
Deferred Tax in Group Consolidation: How Consolidation Adjustments Create Tax Differences
The consolidated deferred tax position is not the sum of the entities’ individual deferred tax balances. Group consolidation introduces adjustments…
Intercompany Revenue Eliminations: How to Remove Intragroup Sales From the Consolidated P&L
It was the first time Omar had run the group consolidation on his own. He pulled the trial balances from…
Negative Goodwill: Why the Bargain Purchase Gain Must Hit Your Consolidated P&L — Not Equity, Not Deferred Income
Claire is the group finance director of Atlas Industrial Group. The group has just completed the acquisition of Vantage Precision…
Acquiring a Property SPV Mid-Year: How to Handle the Purchase Price Allocation, Goodwill, and Your First Consolidation
In August, the board of Hartfield Property Holdings approved the acquisition of Stanmore Yield SPV Ltd, a commercial property holding…
Selling a Property SPV: Why the Consolidated Disposal Gain Is Never What the Parent Expects
The board of Crestwood Property Holdings had been waiting five years for this. Merlin Court SPV Ltd — a commercial…
How to Consolidate a New Subsidiary Acquired During the Year
The deal closed on 1 May. The group paid £2.4 million for a 75% stake in a profitable manufacturing business,…
Earn-Outs in Professional Services Acquisitions: Why the Contingent Consideration Accounting Only Exists in Your Group Accounts
Professional services acquisitions are structured differently from most deals. When a corporate group acquires a manufacturing business or a property…
How to Prepare a Consolidated Cash Flow Statement From Multiple Entities
When the audit committee asked for a group cash flow statement for the first time, Priya assumed the hard work…
The Same Building, Counted Twice: Eliminating Ghost Assets From Intragroup Leases in Property Groups
Rachel is the group finance director of Meridian Property Holdings, a group that owns eight commercial properties across separate SPV…
How to Account for Returns in a Multi-Entity E-commerce Consolidation — And Why Getting It Wrong Inflates Group Revenue
Tom is the group controller for a three-entity fashion e-commerce business. The UK trading entity runs the Shopify store and…