Latest blogs
-
Equity Method Accounting in Group Consolidation: When Full Consolidation Isn’t the Right Answer
In group financial reporting, not every entity in which the group holds an interest is fully consolidated. The method applied depends on the nature of the relationship between the investor and the investee — specifically, whether the investor controls the investee, has significant influence over it, or merely holds a financial interest. Full consolidation applies…
-
Never Miss an Intercompany Elimination Again — Introducing BrizoElim
Every consolidation has the same risk: an intercompany balance that slipped through. A receivable in one entity that was never matched to the payable in another. A months-old difference sitting quietly in consolidated equity because no one caught it at close. Manual intercompany reconciliation relies on someone knowing which accounts to check, across which entities,…
-
Who Sees What: A Guide to Role-Based Access and Team Collaboration in Group Financial Reporting
As finance teams grow, so does the complexity of managing access to financial data. What starts as a spreadsheet shared among a few people quickly becomes a governance problem when multiple entities, subsidiaries, external advisors, and stakeholders are involved — each with different information needs and different permissions to act on what they see. Not…
-
BrizoConsol Accepts Any Financial Export — Here’s Exactly How the Upload Works
Every accounting system exports data differently. Xero uses two-row headers. QuickBooks exports ledger detail. Some clients send a tidy monthly trial balance; others send a multi-sheet workbook with one period per tab. And then there’s the firm that emails a CSV with columns labelled “Period A,” “Period B,” “Q1.” BrizoConsol’s financial upload is built for…
-
Financial Consolidation for Holding Companies: A Practical Guide for CFOs and Finance Teams
Consolidation for a holding company group follows the same fundamental principles as any group consolidation — combine entity data, eliminate intercompany transactions, apply the right accounting standards. What makes holding company structures specifically interesting is the character of the holding company’s own accounts, and what happens to those accounts when they are consolidated with the…