Consolidation

Consolidation enables the financial health of a company to be assessed and strategic decisions to be made on this basis. It describes the process of combining the financial information of several companies or business units into a single set of financial statements. By consolidating the financial results and positions of all subsidiaries into a single set of financial statements, a comprehensive picture of the financial position and performance of a corporation or group of companies can be created. There are various methods of consolidation, including full consolidation, proportionate consolidation and the equity method. The choice of method depends on the type of control and shareholding.

Consolidated financial statements provide investors, analysts, and other stakeholders with a holistic perspective on the financial position and performance of the entire corporate group. They are crucial for transparently representing the economic reality and help assess the financial health and stability of the overall corporation. Consolidation is particularly important in corporate structures where multiple independent companies operate under common leadership.

To transparently plan consolidated financial statements, QVANTUM’s integrated financial planning offers both a simple and efficient solution. With years of expertise, industry-specific stakeholder reporting can be created tailored to the audience.

Compensation Management

Content Management System (CMS)