Group Consolidation is a critical financial process that involves consolidating the financial statements of parent and subsidiary companies into a single, unified set of statements. We provide a holistic view of the group’s financial position, performance, and cash flows, eliminating intercompany transactions and balances to ensure accurate representation. By doing this we provide an analysis about overall profitability, assessment of group-wide resources and help in easy decision-making for stakeholders. This eventually fosters transparency, facilitates stakeholder communication, and ensures that the parent company and its subsidiaries work cohesively towards achieving the group’s overarching financial objectives
Intercompany Transactions
Recording and reconciling intercompany transactions and balances.
Elimination Entries
Making necessary elimination entries to remove intercompany transactions from consolidated financial statements.
Consolidated Financial Statements
Preparing consolidated balance sheets, income statements, and cash flow statements.
Subsidiary Reporting
Coordinating with subsidiaries to gather required financial data and ensure consistency.
At Evas International, we apply our global financial expertise to help businesses succeed in today’s interconnected world.
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