Individual accounts describe one company. When several companies belong together, additional questions arise: What does the group earn overall? What assets and obligations stand behind it? And which revenues or receivables arise only between its own companies?
Several companies. One clear picture.
Consolidation combines individual accounts under consistent policies. Intragroup relationships are taken into account so internal transactions do not distort the overall picture. A delivery between two group companies is not yet revenue from an external customer for the group as a whole.
A basis for shared decisions
Comparable group figures help management and owners assess performance and financial position together. They also provide a transparent basis for discussions with banks and for group accounts. What matters is clear rules, reconciled data and understandable explanations, rather than a large number of metrics.
Build the process or support daily work
Some groups need their first consolidated accounts. Others already have a process and need support with closing, intercompany differences or integrating further companies. We start from what is already in place, with consistent policies, coordinated reporting and clear responsibility for data and deadlines.
Suited to the existing organisation
We adapt the scope, responsibilities and closing cycle to your group. Existing processes are incorporated and supplemented where support is needed.
Clarify requirements together
Whether statutory consolidated accounts are required and which accounting rules apply depends on the specific structure and the applicable conditions and exemptions. We clarify this for each situation. A consolidated view can also help management independently of any statutory requirement.
This article does not replace individual legal or tax advice.