Consolidating financial statements across multiple entities, currencies, or business units is one of the most error-prone tasks in group reporting. Outsourcing Wise provides financial statement consolidation services for groups with multiple subsidiaries, branches, or joint ventures, ensuring intercompany eliminations, currency translations, and minority interest calculations are handled accurately and consistently.

Our team prepares consolidated financial statements in line with SFRS and IFRS standards, giving management and auditors a single, reliable set of group accounts. We work directly with your existing finance team and systems, reducing the manual reconciliation work that typically accompanies group close.

• Intercompany eliminations and reconciliations
• Currency translation
• Minority interest calculations
• Consolidated financial statements prepared under SFRS / IFRS
• Support for groups with multiple subsidiaries, branches, or joint ventures
• Special purpose financial statements for Merger and Acquisitions (M&A) or disposal transactions

Case Study

Consolidated financial statements across entertainment, engineering, and research-sector clients

Outsourcing Wise has prepared consolidated financial statements for a range of corporate groups, including an entertainment production company, an engineering services firm, a

sustainability-focused research institute, and a blockchain research organization. Each engagement involved bringing together multiple entities into a single, accurate set of consolidated accounts — handling the intercompany eliminations and reporting structure needed for group-level financial statements.

This work sits alongside the firm’s broader group reporting experience, including the intercompany reconciliation programme described above, which supports consolidation at a much larger, multi-entity scale.