Understanding Unusual ICO Transactions: Sub-Lease and ESOP Accounting

July 29, 20240 Comments

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

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Overcoming Challenges in ICO Automation: Practical Insights from FINAHQ

July 22, 20240 Comments

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

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