As businesses expand across entities, jurisdictions and accounting frameworks, producing accurate and timely consolidated financial information becomes increasingly challenging. Tight reporting deadlines, evolving accounting standards and growing stakeholder expectations require robust processes, the right technology and specialized expertise.
Our Consolidation specialists help organizations streamline their reporting processes, enhance transparency and deliver reliable financial information that supports strategic decision-making.
Consolidation expertise you can rely on.
We support finance teams at every stage of their consolidation and reporting journey. Whether you need assistance with a specific technical challenge, temporary reinforcement of your team or a fully outsourced solution, our experts provide pragmatic and scalable support tailored to your organization's needs.
Technology-enabled consolidation services
For clients who choose to outsource their consolidation process, we leverage our proprietary consolidation solution, developed by our specialists based on years of hands-on consolidation experience.
The solution combines:
- Efficient and reliable processing of consolidated financial data
- A robust audit trail, ensuring full transparency and traceability throughout the consolidation process
- Standardized and customized reporting capabilities, tailored to the needs of management, shareholders, lenders and other stakeholders
By combining experienced consolidation professionals with purpose-built technology, we deliver a scalable, cost-effective and highly transparent consolidation solution that enhances reporting quality while reducing operational complexity.
Key components
- Fully Outsourced Consolidation Services: End-to-end outsourced consolidation, from data collection and validation to the preparation of consolidated financial statements.
- Tailored advisory support on organisational, process and technical consolidation matters, including the selection and implementation of consolidation solutions.
- Consolidation Process Design & Optimization: Development and improvement of efficient consolidation and reporting processes.
- Group Chart of Accounts & Reporting Standardization: Harmonization of accounting policies, reporting packages and group accounting structures.
- IFRS Conversion & Technical Accounting Support: Guidance on IFRS implementation, accounting policies and complex consolidation matters.
- Intercompany Reconciliation & Data Quality Management: Strengthening controls and improving the reliability of reported information.
- Reporting Automation & Digital Finance Solutions: Automation of financial reporting processes to improve efficiency and reduce manual effort.
- Tax Reporting & Group Tax Process Support: Assistance with tax reporting requirements and the integration of tax processes within group reporting.
- Interim Management & Team Reinforcement: Flexible support for finance and consolidation teams at headquarters or subsidiary level.
Benefits for your business
Our Consolidation services help you:
- Accelerate monthly, quarterly and annual reporting cycles.
- Improve the accuracy, consistency and transparency of consolidated financial information.
- Strengthen governance and control over group reporting processes.
- Reduce dependency on key individuals and reinforce internal capabilities.
- Ensure compliance with IFRS or other applicable reporting frameworks.
- Gain greater confidence in the quality and reliability of reported figures.
- Leverage digital tools and automation to increase efficiency.
- Access experienced consolidation specialists without increasing fixed overhead costs.
- Benefit from a technology-enabled outsourcing solution supported by Grant Thornton's proprietary consolidation solution.
- Enjoy full transparency and traceability through a robust audit trail embedded in the consolidation process.
- Create a scalable reporting environment that supports future growth, acquisitions and international expansion.
- Benefit from the broader expertise of Grant Thornton's accounting, tax, advisory and legal professionals whenever needed.
