Home Author archive for: Kevin Wiegand Your board meeting is in three days. You still need consolidated financials across 12 entities, variance analysis against budget, and a cash flow summary – all reconciled and formatted. Board reporting software (also known...
Home Author archive for: James Banks Are you still copying numbers between spreadsheets every month-end, hoping nothing breaks? Field-audit evidence suggests operational spreadsheet error rates can be high. In Raymond Panko’s summary of seven field audits (reported by...
Home Author archive for: Kevin Wiegand You closed the deal, recorded the fair values, and prepared your first consolidated accounts. Now you have to do it again next month – and every month after. Preparing consolidated financial statements subsequent to date of...
Home Author archive for: Kevin Wiegand Goodwill is one of those numbers that looks simple, then breaks your consolidation when one input is off by £1. If you’re searching for how to calculate goodwill in consolidated financial statements, you need the acquisition-date...
Home Author archive for: Kevin Wiegand When your group acquires a subsidiary for more than the fair value of its net assets, the excess becomes goodwill on your consolidated balance sheet. This intangible asset sits exclusively in the consolidated financial...
Home Are you running month-end close across multiple entities and still relying on standalone reports to tell the full story? If your business has grown beyond a single company, understanding standalone vs consolidated financials is not optional – it determines...
