Latest blogs
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Asset Retirement Obligation (ARO): Planning for the End Before It Begins
An Asset Retirement Obligation (ARO) is a present obligation to decommission, dismantle, or restore an asset or site at the end of the asset’s useful life. The obligation exists today — from the moment the asset is installed or the activity begins — even though the expenditure will occur years or decades in the future.…
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Why Intercompany Mismatches Happen: A Deep Dive into Root Causes and Fixes
When intercompany mismatches keep appearing month after month despite the finance team’s best efforts to resolve them, the problem is usually not the individual mismatches — it’s that the team is fixing symptoms rather than root causes. A timing mismatch that recurs every period isn’t a series of individual errors: it’s a structural problem with…
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Deferred Revenue Expenditure: When Expenses Don’t Belong in Just One Year
Deferred revenue expenditure refers to large, non-recurring costs incurred in one period that are expected to benefit the business across multiple future periods — and which, on that basis, are carried on the balance sheet and amortised over the benefit period rather than expensed entirely in the year they are incurred. The concept is widely…
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Intercompany Markups, Unrealized Profit, and Their Effect on Group Margins
Intercompany markups serve legitimate purposes: they support entity-level performance measurement, satisfy transfer pricing compliance requirements, and create accountability for cost across the group. But they introduce a specific distortion in group margin reporting that is often underappreciated — not just because unrealised profit needs to be eliminated (which is covered separately), but because the markups…
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BrizoConsol Monthly Product Update: A Better, Smoother, More Insightful Experience
This month, the BrizoConsol team rolled out several enhancements designed to make your financial reporting experience smoother, clearer, and more collaborative. Here’s a quick look at what’s new. ✨ Refreshed User Interface for a Cleaner Experience We’ve given BrizoConsol a visual refresh to make navigation more intuitive and the overall experience more modern. The improved…