Latest blogs
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Auto Elimination Log: Bringing Control and Transparency to Intercompany Eliminations
Intercompany eliminations are essential to producing accurate consolidated financial statements — but they are rarely straightforward. Differences in timing, FX, rounding, or posting practices often mean intercompany balances don’t match perfectly when it’s time to eliminate. To help finance teams automate with confidence without losing control, BrizoConsol introduces the Auto Elimination Log — designed to…
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Embedded Derivative: Hidden Risk Inside Financial Contracts
An embedded derivative is a component of a hybrid contract that, if it were a separate instrument, would meet the definition of a derivative under IFRS 9. It is “embedded” in the sense that it is not a standalone financial instrument — it exists as a feature or clause within a larger contract that is…
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Why Mid-Sized Companies Need Consolidation Tools
Mid-sized companies occupy an awkward position in the consolidation software market. Enterprise consolidation platforms — OneStream, Oracle Hyperion, SAP BPC — are built for groups with hundreds of entities, dedicated implementation teams, and 12-18 month deployment timelines. The cost structures and complexity levels of these products are calibrated for companies far larger than the typical…
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Onerous Contract: When a Contract Becomes a Financial Burden
An onerous contract is a contract in which the unavoidable costs of meeting the obligations exceed the economic benefits expected to be received. Once a contract meets this definition under IAS 37, the entity must recognise a provision for the net loss immediately — not when the loss is actually incurred, but at the point…
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Automated Financial Consolidation Explained
Automated financial consolidation means using a dedicated platform to collect entity financial data, apply group accounting rules (COA mapping, intercompany matching, FX translation, elimination logic, ownership structures), and produce consolidated financial statements — with the system handling the mechanical steps that otherwise require manual intervention at every close. It doesn’t replace the accounting software that…