In accounting, unusual intercompany transactions (ICO) often present unique challenges. Two such scenarios involve sub-leases and Employee Stock Ownership Plans (ESOPs) given to subsidiary employees. In this blog, we will go into these transactions, focusing on sub-lease accounting and ESOPs, to help you navigate these complex waters with ease. Sub-Lease Transactions: A Common ICO Scenario
In the world of finance, Intercompany (ICO) reconciliation is a crucial yet often challenging process. It involves ensuring that transactions between various entities within a corporate group are accurately recorded and reconciled. While the goal of automating this process promises efficiency and accuracy, it is not without its hurdles. At FINAHQ, we specialise in both
Intercompany transactions & resultant eliminations JE’s are a key adjustment to the group consolidated financial statements and is one of the most time consuming task of the consolidation process.
Intercompany transactions & resultant eliminations JE’s are a key adjustment to the group consolidated financial statements and is one of the most time consuming task of the consolidation process.
Managing the subsequent measurement of a purchase price allocation (PPA) can be a daunting task, and one that is often underestimated by controllers. Let’s take a scenario where your company acquired a business with factories in four different countries.
f your company has acquired another entity and the other entity meets the definition of a business under IFRS 3, then your life as corporate controller got a lot more complicated.
