Consolidation packages, reporting, and support for public companies and capital groups

Handling consolidation and reporting for capital groups is one of the most demanding areas of accounting and finance. We support both Polish and international groups in preparing consolidation packages, consolidated statements, and management reports – in line with the requirements of owners, auditors, and stock exchanges.

Consolidation packages (for capital groups)

Consolidation packages are standardized financial reports prepared by subsidiaries for the purposes of consolidation at the parent level. We help design, implement, and verify them.

• Preparation of reporting packages for subsidiaries – in various currencies, languages, and accounting standards, e.g. local GAAP, IFRS.
• Intercompany balances reconciliation – ensuring consistency of receivables and payables between group companies.
• Consolidation instructions and reporting tools – we prepare guides and templates to ensure unified data collection.
• Verification and elimination adjustments – elimination of intercompany revenues, expenses, receivables, dividends, and equity holdings.
• Foreign exchange differences handling in consolidation – according to the chosen translation method.
• Handling retrospective eliminations and group transaction adjustments – e.g. adjustments of unsettled transactions as of the reporting date.
• Full package documentation – compliant with group policies and group audit requirements.

Financial statements consolidation

We carry out the full process of financial statements consolidation, in accordance with the Accounting Act or International Financial Reporting Standards (IFRS).

• Consolidation under the Accounting Act or IFRS – applying appropriate methods and legal requirements.
• Consolidated financial statements – balance sheet, income statement, cash flow statement, statement of changes in equity.
• Consolidation methods – full, proportional, equity method – depending on the group structure.
• Manual, semi-automated, or system-based consolidation – from Excel to dedicated systems (LucaNet, Hyperion, SAP FC).
• Process automation – especially with a large number of entities and complex data structures.
• Input data audit – verifying the consistency of source data and adjustments.

Management and investor reporting

We help build a modern reporting system – based on consolidated, standardized, and understandable data.

• Standardized reporting set – for management, investors, owners, and funds.
• Segment analysis – by products, markets, organizational units.
• IFRS 8 compliant reporting – support in identifying and reporting operating segments.
• Reclassifications and account mapping – transitioning from local accounting data to consolidated figures.
• Reports for due diligence, valuations, equity/bond issues – preparation of data for transaction purposes.

Support for public companies (WSE, NewConnect)

We assist in fulfilling reporting and disclosure obligations for public companies – both debuting and experienced issuers.

• Quarterly, semi-annual, and annual reports – support in preparation and approval.
• Communication with WSE, KNF, auditors, and brokers – substantive and organizational support.
• ESEF reporting (xHTML + iXBRL) – technical and advisory support.
• ESPI/EBI reporting – preparation of report content and process management.
• Non-financial reporting (e.g. ESG) – support in preparing initial reports in line with EU guidelines.

Coordination of communication within the group

Consolidation is also an organizational process – requiring efficient communication across the group.

• Collecting data from local and foreign entities – overseeing timeliness and quality.
• Coordination with local accounting firms and CFOs – international communication.
• Data standardization – creating account mappings, translation tables, procedures for converting local GAAP to IFRS.