Consolidation outsourcing

Outsourcing ensures that consolidation and group reporting are produced on time, with documentation prepared for audit.

MT1 manages the full consolidation cycle with a single point of contact.

Who this service is for

  • Groups looking to outsource the preparation of consolidated financial statements or group reporting.
  • Finance teams without a dedicated consolidation team or sufficient internal capacity
  • Organisations that need deliverables ready for review, validation or audit at each closing
  • Groups seeking continuity during recruitment, absence or staff turnover

Scope of work

  • Collection of group financial data and consistency checks
  • Data harmonisation and application of group accounting rules
  • Intragroup eliminations and consolidation adjustments
  • Preparation of consolidated financial statements or group reporting
  • Coordination with stakeholders through to final validation of reporting packages within the agreed timetable

Our approach

1

Each engagement begins with a preparation meeting with the relevant stakeholders. The scope, timetable and closing-specific points are confirmed from the outset.

2

Clear information requests are then issued through the agreed channels, with regular follow-up until the required information has been received.

3

We apply a consistent and traceable methodology, ensuring continuity from one closing to the next.

4

All steps are coordinated until the reporting packages are validated within the agreed timeline.

Deliverables

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