Consolidation of reports

Consolidated financial statements

A company's organizational structure and tax optimizations often cause it to operate through multiple legal entities. The law in many cases requires the company to prepare consolidated financial statements.

Also, the company's owners often prefer to analyze the company's assets and performance at the group level, not a single entity. In such a situation, consolidated reporting becomes a necessity.

Support in consolidated financial reporting

Preparation of consolidated financial reports is often a competence that internal departments do not have, or in the overload of duties - they do not have enough time to prepare such reports. An alternative solution to building or expanding internal competence may be to use our services for the preparation of consolidated financial statements.

Consolidated reporting in Aider Polska (MDDP Outsourcing) means for you, among other things

preparation of consolidated statements in accordance with the Accounting Act and IFRS, including consolidated statements of public companies,
consolidated management reporting of capital groups,
supervision of month-end closing processes in capital groups,
implementation of software dedicated to consolidation of capital groups.

Consolidation of financial statements

If the law requires preparation of consolidated data or reports and you do not have people in your team who can take care of this, we encourage you to put this task in the hands of the specialized team of Aider Polska
(MDDP Outsourcing). Analyzing your needs and past experience, we will certainly be able to work together to develop solutions tailored to your expectations.

We are aware that modern solutions and automation can significantly improve the consolidation and reporting processes. The offer of report consolidation also includes our support at the stage of implementation of consolidation solutions and systems. Our team will support you with its experience during the initial stage of implementation and monitor the progress of the work, so that your employees are able to prepare consolidated data as quickly and independently as possible.

The experience of the Warsaw and Katowice teams of Aider Polska (MDDP Outsourcing) includes numerous implementations, for many different market sectors, in the area of preparation, design and audit of capital group consolidations. Thanks to the use of best practices, our team will also be able to suggest improvements that will make the Group's reports and statements more efficient and better prepared.

In order to obtain a detailed offer on consolidation of financial statements along with the price list of the service, we invite you to contact our accounting offices in Katowice and Warsaw.