Holdings and Corporate Groups

Consolidation, related-party transactions and group auditor coordination for multi-entity, multi-country groups.

In holdings and group structures, the reliability of financial statements depends on correct elimination of intragroup transactions and consistent reporting by subsidiaries. A group audit requires coordination with component auditors.

Audit focus

  • Consolidation scope, control analysis and goodwill impairment (IFRS 10, IFRS 3, IAS 36)
  • Elimination of intragroup balances and sales
  • Disclosure of related-party transactions (IAS 24)
  • Translation of foreign associates
  • Group management's financial reporting controls

Multi-country structures

We set up joint work plans, instruction packages and single-point reporting with foreign component auditors.

Main audit risks

  • Consolidation
  • Related-party transactions
  • Goodwill value

Services we provide

  • Group audit
  • Consolidation model
  • Transfer pricing

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