Financial Statement Consolidation

As a company grows and expands, it often involves multiple legal entities – whether through the establishment of new subsidiaries or branches abroad. At a certain point, it becomes essential to view the performance of the entire group as a single whole. This is where financial statement consolidation comes into play.

Consolidation is an accounting process in which the financial data of a parent company and its subsidiaries are combined as if they were a single entity. This provides a comprehensive and reliable overview of the group’s financial position and supports better strategic decision-making.

The Rödl & Partner team helps make the consolidation process smooth and transparent – whether your goal is to comply with statutory reporting requirements, prepare for an audit, or simply gain a clearer understanding of your group’s overall financial performance.

Our consolidation services include:

Collection and preparation of data required for consolidation
Preparation and analysis of consolidation tables
Preparation of consolidated financial statements in accordance with accounting standards
Evaluation and improvement of existing consolidation processes
Support during audits and ensuring compliance with local and international reporting requirements

Our experienced accountants and financial advisors ensure that your group’s financial statements are accurate, consistent, and reliable – regardless of the complexity of your corporate structure.

Kontakt

Contact Person Picture

Tiina Mirka

Head of Outsourcing Service Line

Associate Partner

+372 6805 620

Send inquiry