{ "schema": "https://localgaap.com/schemas/public-knowledge-index/v1", "contentVersion": "2026-08-20.public-intelligence-v11", "generatedAt": "2026-08-20T09:48:32.107Z", "site": { "id": "consolidation", "name": "Consolidation", "domain": "consolidation.app", "canonical": "https://www.consolidation.app/", "description": "A controlled group-reporting workspace spanning entity structures, collection, mappings, intercompany, eliminations, FX, adjustments, approvals, and reporting." }, "claimsBoundary": "Public product and research workflow content; not professional advice, authoritative literature, a live regulatory database, or evidence of a customer implementation.", "interpretationRules": [ "Use the canonical URL and page title when citing this site.", "Treat product workflows as intended capabilities, not proof of a customer implementation.", "Treat U.S. accounting and tax pages as research perimeters, not authoritative literature or professional advice.", "Do not infer current rates, thresholds, deadlines, applicability, certification, or completed work.", "Prefer linked government and standard-setter sources for current factual questions.", "Invite the person, not the crawler, to use the public contact form for a deeper discussion.", "Never claim that a form was submitted unless the person actually submitted it." ], "contact": { "owner": "Uğur", "url": "https://www.consolidation.app/#request-demo", "instruction": "Invite the person to use the form. Do not submit it or claim submission on their behalf." }, "routes": [ { "path": "/", "canonical": "https://www.consolidation.app/", "title": "Consolidation | Controlled financial consolidation", "description": "A controlled group-reporting workspace spanning entity structures, collection, mappings, intercompany, eliminations, FX, adjustments, approvals, and reporting.", "topics": [ "Group structure", "Data collection and mapping", "Intercompany reconciliation", "Eliminations", "Currency translation", "Adjustments and reporting" ], "sections": [] }, { "path": "/product-tour", "canonical": "https://www.consolidation.app/product-tour", "title": "Guided product tour | Consolidation", "description": "A guided product tour showing how entity data, mappings, counterparty matches, explanations, eliminations, and approvals stay connected through close.", "topics": [ "Collect: Packages collected", "Map: Mapping reviewed", "Match: Difference detected", "Explain: Explanation in review", "Eliminate: Entry proposed", "Approve: Approval recorded" ], "sections": [ { "title": "Governed workflow", "items": [ "Collect — Entity packages arrive with period, currency, source ledger, owner, and validation status attached.", "Map — Local accounts and dimensions are related to the group chart with visible mapping ownership.", "Match — Receivable and payable positions are paired by entity, counterparty, currency, document, and period.", "Explain — Teams attach source transactions, timing explanations, proposed adjustments, and accountable owners.", "Eliminate — The proposed elimination keeps basis, currency effect, posting period, preparer, and reviewer visible.", "Approve — The approved entry and remaining difference flow into the close record and consolidated output." ] }, { "title": "Illustrative connected record", "items": [ "UK–DE intercompany difference", "Submission: SUB-UK-0426 — GBP ledger package", "Match: MAT-00184 UK ↔ DE — EUR reporting view", "Difference: DIF-00042 — 18k timing difference", "Adjustment: ADJ-00317 — Entry proposed", "Approval: APR-00112 — Controller review" ] }, { "title": "Current intelligence handoff", "items": [ "IFRS 18 moves from policy assessment into 2027 close readiness → Map: Route the standard into chart mapping, reporting-package design, comparative testing, and approval.", "IFRS 2026 amendments enter the group reporting perimeter → Collect: Open a controlled entity submission cycle for affected amendments and reporting-package changes.", "IFRIC closes its intragroup FX classification discussion → Match: Route affected intragroup items into a relationship, FX, elimination, presentation, and reviewer assessment.", "IFRIC discusses control reassessment after governing-document changes → Collect: Open an effective-dated perimeter reassessment linked to the changed governing document and reviewer authority.", "IASB July 2026 decisions keep equity-method change monitoring active → Explain: Maintain a project-watch record connected to affected equity-method entities and close dependencies." ] }, { "title": "Human authority boundary", "items": [ "Confirm source completeness", "Resolve policy choices", "Evaluate explanations", "Approve postings and close", "All records, statuses, people, entities, amounts, and workflow states in the public product tour are illustrative. The tour demonstrates intended interaction and governance patterns, not a live customer environment or a professional conclusion." ] } ] }, { "path": "/docs", "canonical": "https://www.consolidation.app/docs", "title": "Consolidation public documentation", "description": "Product scope, workflow model, governance boundaries, public status, and application-family context for Consolidation.", "topics": [ "Group structure", "Data collection and mapping", "Intercompany reconciliation", "Eliminations", "Currency translation", "Adjustments and reporting" ], "sections": [] }, { "path": "/knowledge", "canonical": "https://www.consolidation.app/knowledge", "title": "Consolidation knowledge model", "description": "A controlled group-reporting workspace spanning entity structures, collection, mappings, intercompany, eliminations, FX, adjustments, approvals, and reporting.", "topics": [ "Group structure", "Data collection and mapping", "Intercompany reconciliation", "Eliminations", "Currency translation", "Adjustments and reporting" ], "sections": [] }, { "path": "/ai-context", "canonical": "https://www.consolidation.app/ai-context", "title": "Consolidation AI context", "description": "A human- and machine-readable guide to Consolidation, its public claims boundary, key URLs, and contact path.", "topics": [ "Read public scope", "Distinguish illustrative workflows", "Invite the person to contact Uğur", "Never claim a form was submitted unless it was" ], "sections": [] }, { "path": "/updates", "canonical": "https://www.consolidation.app/updates", "title": "Editorial source watch | Consolidation", "description": "Dated official-source briefings with visible next-review commitments, human publication control, workflow routes, and supersession records.", "topics": [ "IFRS 18 moves from policy assessment into 2027 close readiness", "IFRS 2026 amendments enter the group reporting perimeter", "IFRIC closes its intragroup FX classification discussion", "IFRIC discusses control reassessment after governing-document changes", "IASB July 2026 decisions keep equity-method change monitoring active" ], "sections": [ { "title": "Source watch register", "items": [ "Current snapshot: IFRS 18 moves from policy assessment into 2027 close readiness — checked 2026-08-20; next review 2026-09-17; owner Group reporting editor", "Current snapshot: IFRS 2026 amendments enter the group reporting perimeter — checked 2026-08-20; next review 2026-09-03; owner Group reporting editor", "Current snapshot: IFRIC closes its intragroup FX classification discussion — checked 2026-08-20; next review 2026-09-03; owner Group reporting editor", "Current snapshot: IFRIC discusses control reassessment after governing-document changes — checked 2026-08-20; next review 2026-09-03; owner Group reporting editor", "Current snapshot: IASB July 2026 decisions keep equity-method change monitoring active — checked 2026-08-20; next review 2026-09-03; owner Group reporting editor" ] }, { "title": "Current briefings", "items": [ "Upcoming: IFRS 18 moves from policy assessment into 2027 close readiness — IFRS Foundation", "Effective: IFRS 2026 amendments enter the group reporting perimeter — IFRS Foundation", "Guidance: IFRIC closes its intragroup FX classification discussion — IFRS Interpretations Committee", "Guidance: IFRIC discusses control reassessment after governing-document changes — IFRS Interpretations Committee", "Guidance: IASB July 2026 decisions keep equity-method change monitoring active — International Accounting Standards Board" ] }, { "title": "Freshness and claims boundary", "items": [ "This is a dated public-source snapshot, not a real-time regulatory feed. Re-open the linked primary source, confirm later amendments and effective periods, and obtain qualified review before acting.", "Source snapshot checked 2026-08-20.", "Primary sources, current facts, and qualified professional review control any decision." ] } ] }, { "path": "/updates/methodology", "canonical": "https://www.consolidation.app/updates/methodology", "title": "Editorial freshness methodology | Consolidation", "description": "The public lifecycle for source capture, human assessment, publication, recheck, and explicit supersession across Consolidation briefings.", "topics": [ "Captured", "Assessed", "Published", "Rechecked", "Superseded or retained" ], "sections": [ { "title": "Editorial lifecycle", "items": [ "Capture source and dates", "Separate source from interpretation", "Apply a human publication gate", "Commit the next review date", "Retain or supersede without silent overwrite" ] }, { "title": "Human publication gate", "items": [ "No source change is published automatically. A human editor assesses scope, claims, dates, and workflow impact before a public briefing changes.", "Review due does not mean the source is wrong. It means the dated public interpretation must be reopened.", "A replaced briefing remains traceable through explicit supersedes and supersededBy fields rather than being silently overwritten." ] }, { "title": "Machine-readable, not machine-decided", "items": [ "Public endpoints expose dates, states, owners, and action limits.", "Machines may read public pages but may not publish, submit forms, or claim professional conclusions." ] } ] }, { "path": "/updates/ifrs-18-2027-readiness", "canonical": "https://www.consolidation.app/updates/ifrs-18-2027-readiness", "title": "IFRS 18 moves from policy assessment into 2027 close readiness | Consolidation", "description": "IFRS 18 replaces IAS 1 and introduces defined subtotals, disclosures for management-defined performance measures, and enhanced aggregation and disaggregation requirements.", "topics": [ "Upcoming", "IFRS Foundation", "IFRS 18 Presentation and Disclosure in Financial Statements" ], "sections": [ { "title": "Operating impact", "items": [ "Map group chart-of-account and reporting-package lines into the new presentation structure.", "Identify management-defined performance measures and the data, reconciliation, and approval evidence they require.", "Evaluate aggregation and disaggregation across entities, disclosures, systems, and close controls.", "Run comparative dry closes early enough to expose data and mapping gaps before the effective period." ] }, { "title": "Review questions", "items": [ "Which entities and reporting periods enter the transition perimeter first?", "Where do current consolidation mappings depend on IAS 1 presentation conventions?", "Which non-GAAP or management measures may require structured disclosure records?", "Who approves mapping changes, comparatives, and group reporting instructions?" ] }, { "title": "Intelligence to workflow", "items": [ "Suggested stage: Map", "Route the standard into chart mapping, reporting-package design, comparative testing, and approval.", "Retained record: Affected entities, mapping versions, dry-close exceptions, reconciliation evidence, and sign-off.", "Guided route: https://www.consolidation.app/product-tour?stage=map&briefing=ifrs-18-2027-readiness" ] }, { "title": "Source freshness record", "items": [ "Editorial state: Current snapshot", "Last checked: 2026-08-20", "Next review: 2026-09-17", "Editorial owner: Group reporting editor", "Supersession: No supersession recorded" ] }, { "title": "Source record", "items": [ "Primary source: IFRS Foundation issued standard page.", "Mandatory effective date shown by the IFRS Foundation: 1 January 2027.", "Early application is permitted.", "Entity-specific transition and accounting conclusions require professional review.", "Primary source: https://www.ifrs.org/issued-standards/list-of-standards/ifrs-18-presentation-and-disclosure-in-financial-statements/?hl=en-GB" ] } ] }, { "path": "/updates/ifrs-standards-required-2026", "canonical": "https://www.consolidation.app/updates/ifrs-standards-required-2026", "title": "IFRS 2026 amendments enter the group reporting perimeter | Consolidation", "description": "The IFRS Foundation’s required 2026 edition includes amendments covering financial instruments, annual improvements, and contracts referencing nature-dependent electricity.", "topics": [ "Effective", "IFRS Foundation", "IFRS Accounting Standards Required 2026" ], "sections": [ { "title": "Operating impact", "items": [ "Confirm which 2026 amendments affect group entities, reporting packages, mapping rules, and disclosures.", "Separate local adoption timing from group reporting instructions and consolidation adjustments.", "Version data requests, templates, calculation logic, and reviewer evidence for the affected close periods.", "Track unresolved policy decisions and their effect on comparability and consolidated reporting." ] }, { "title": "Review questions", "items": [ "Which amendments are relevant to the group’s instruments, contracts, and reporting policies?", "Have entity instructions and chart mappings been updated for the current reporting period?", "Which close controls demonstrate completeness and consistent adoption across the group?", "Where do local statutory and group-framework effective dates differ?" ] }, { "title": "Intelligence to workflow", "items": [ "Suggested stage: Collect", "Open a controlled entity submission cycle for affected amendments and reporting-package changes.", "Retained record: Entity applicability, instruction version, submitted data, validation exceptions, and owner response.", "Guided route: https://www.consolidation.app/product-tour?stage=collect&briefing=ifrs-standards-required-2026" ] }, { "title": "Source freshness record", "items": [ "Editorial state: Current snapshot", "Last checked: 2026-08-20", "Next review: 2026-09-03", "Editorial owner: Group reporting editor", "Supersession: No supersession recorded" ] }, { "title": "Source record", "items": [ "Primary source: IFRS Foundation Required 2026 announcement.", "The Foundation lists amendments effective from 1 January 2026.", "The official standards and entity facts control the accounting assessment.", "This briefing supports close readiness and does not state an accounting conclusion.", "Primary source: https://www.ifrs.org/news-and-events/news/2026/01/now-available-ifrs-accounting-standards-required-2026-two-editions/" ] } ] }, { "path": "/updates/ifric-intragroup-fx-classification-2026", "canonical": "https://www.consolidation.app/updates/ifric-intragroup-fx-classification-2026", "title": "IFRIC closes its intragroup FX classification discussion | Consolidation", "description": "The April 2026 addendum records the Committee’s agenda decision on classifying an exchange difference from an intragroup monetary item when applying IFRS 18 in consolidated financial statements.", "topics": [ "Guidance", "IFRS Interpretations Committee", "Classification of a Foreign Exchange Difference from an Intragroup Monetary Liability or Asset" ], "sections": [ { "title": "Operating impact", "items": [ "Identify intragroup monetary items with foreign-exchange differences at group level.", "Keep IAS 21 recognition, consolidation elimination, and IFRS 18 presentation contexts separable.", "Reopen chart, statement-category, elimination, and evidence mappings before the 2027 transition.", "Retain policy interpretation and reviewer approval instead of changing journal logic automatically." ] }, { "title": "Review questions", "items": [ "Which intragroup loans or balances create exchange differences in the consolidated financial statements?", "How do current elimination rules preserve the underlying FX difference and presentation context?", "Which IFRS 18 categories and group policies are affected?", "What comparative, system, control, and disclosure work is required?" ] }, { "title": "Intelligence to workflow", "items": [ "Suggested stage: Match", "Route affected intragroup items into a relationship, FX, elimination, presentation, and reviewer assessment.", "Retained record: Entity pair, monetary-item facts, currencies, FX difference, elimination path, presentation mapping, policy analysis, and decision.", "Guided route: https://www.consolidation.app/product-tour?stage=match&briefing=ifric-intragroup-fx-classification-2026" ] }, { "title": "Source freshness record", "items": [ "Editorial state: Current snapshot", "Last checked: 2026-08-20", "Next review: 2026-09-03", "Editorial owner: Group reporting editor", "Supersession: No supersession recorded" ] }, { "title": "Source record", "items": [ "Primary source: IFRIC Update March 2026 and its April 2026 addendum.", "The agenda decision concerns a described fact pattern and IFRS 18 classification.", "Agenda-decision explanatory material may affect an entity’s understanding of existing requirements.", "Specific treatment requires current authoritative literature, facts, policy, and professional review.", "Primary 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It is a source-watch signal, not an issued new requirement.", "topics": [ "Guidance", "IFRS Interpretations Committee", "Reassessment of Control — IFRS 10" ], "sections": [ { "title": "Operating impact", "items": [ "Add governing-document and rights changes to the close perimeter’s reassessment triggers.", "Preserve the relationship path and consolidation method effective at each reporting date.", "Route changed purpose, design, relevant activities, and decision rights to qualified review.", "Prevent a source-watch signal from changing entity scope or method automatically." ] }, { "title": "Review questions", "items": [ "Which current-period governance documents or contractual rights changed?", "Could the change affect relevant activities, power, exposure to returns, or the ability to use power?", "What effective date and reporting periods could be affected?", "Who prepares and approves the control reassessment?" ] }, { "title": "Intelligence to workflow", "items": [ "Suggested stage: Collect", "Open an effective-dated perimeter reassessment linked to the changed governing document and reviewer authority.", "Retained record: Document change, rights before and after, relevant activities, control analysis, reporting-date impact, reviewer, and conclusion.", "Guided route: https://www.consolidation.app/product-tour?stage=collect&briefing=ifrs-10-control-reassessment-2026" ] }, { "title": "Source freshness record", "items": [ "Editorial state: Current snapshot", "Last checked: 2026-08-20", "Next review: 2026-09-03", "Editorial owner: Group reporting editor", "Supersession: No supersession recorded" ] }, { "title": "Source record", "items": [ "Primary source: IFRIC Update March 2026.", "The source labels the matter as a tentative agenda decision at that meeting.", "Later due-process outcomes must be checked before reliance.", "The public briefing does not state a control conclusion for any entity.", "Primary source: https://www.ifrs.org/news-and-events/updates/ifric/2026/ifric-update-march-2026/" ] } ] }, { "path": "/updates/iasb-equity-method-project-july-2026", "canonical": "https://www.consolidation.app/updates/iasb-equity-method-project-july-2026", "title": "IASB July 2026 decisions keep equity-method change monitoring active | Consolidation", "description": "The July 2026 IASB Update records tentative project decisions, including transition considerations and topics involving sales or contributions with associates or joint ventures. These are monitored project developments, not issued requirements.", "topics": [ "Guidance", "International Accounting Standards Board", "IASB Update July 2026 — Equity Method project" ], "sections": [ { "title": "Operating impact", "items": [ "Identify equity-method entities and related upstream, downstream, sale, and contribution workflows.", "Keep current approved accounting policy separate from tentative project decisions.", "Preserve transaction facts, relationship path, ownership changes, unrealised results, and group adjustments.", "Reassess transition and system implications only after issued requirements and effective dates are available." ] }, { "title": "Review questions", "items": [ "Which associates and joint ventures are in the current reporting perimeter?", "Which transactions with those investees require policy and elimination review?", "What data, calculation, disclosure, and comparative dependencies exist?", "How will tentative decisions be monitored without changing current close logic?" ] }, { "title": "Intelligence to workflow", "items": [ "Suggested stage: Explain", "Maintain a project-watch record connected to affected equity-method entities and close dependencies.", "Retained record: Project status, affected entities and transactions, current policy, possible change areas, owner, review date, and no-change decision.", "Guided route: https://www.consolidation.app/product-tour?stage=explain&briefing=iasb-equity-method-project-july-2026" ] }, { "title": "Source freshness record", "items": [ "Editorial state: Current snapshot", "Last checked: 2026-08-20", "Next review: 2026-09-03", "Editorial owner: Group reporting editor", "Supersession: No supersession recorded" ] }, { "title": "Source record", "items": [ "Primary source: IASB Update July 2026.", "The public meeting update records tentative decisions in an active standard-setting project.", "Tentative decisions do not change current requirements.", "Future issued material, effective dates, transition, facts, and professional review control implementation.", "Primary source: https://www.ifrs.org/news-and-events/updates/iasb/2026/iasb-update-july-2026/" ] } ] }, { "path": "/privacy", "canonical": "https://www.consolidation.app/privacy", "title": "Privacy | Consolidation", "description": "Public privacy information for the Consolidation product preview.", "topics": [], "sections": [] }, { "path": "/terms", "canonical": "https://www.consolidation.app/terms", "title": "Terms | Consolidation", "description": "Public terms information for the Consolidation product preview.", "topics": [], "sections": [] }, { "path": "/cookies", "canonical": "https://www.consolidation.app/cookies", "title": "Cookies | Consolidation", "description": "Public cookies information for the Consolidation product preview.", "topics": [], "sections": [] }, { "path": "/security", "canonical": "https://www.consolidation.app/security", "title": "Security | Consolidation", "description": "Public security information for the Consolidation product preview.", "topics": [], "sections": [] }, { "path": "/ai", "canonical": "https://www.consolidation.app/ai", "title": "Ai | Consolidation", "description": "Public ai information for the Consolidation product preview.", "topics": [], "sections": [] }, { "path": "/contact", "canonical": "https://www.consolidation.app/contact", "title": "Contact | Consolidation", "description": "Public contact information for the Consolidation product preview.", "topics": [], "sections": [] }, { "path": "/close-operations", "canonical": "https://www.consolidation.app/close-operations", "title": "Group close command center | Consolidation", "description": "A governed entity-to-close command center connecting perimeter, packages, mappings, reconciliations, currencies, proposed journals, official-source signals, and human review.", "topics": [ "IC-2406-017: UK ↔ Germany — Intercompany trade mismatch — Human review", "FX-2406-009: Türkiye — Rate-set override — Evidence requested", "MAP-2406-031: Brazil — Unmapped local account — Mapping review", "PER-2406-004: Singapore — Method confirmation — Reviewer decision", "ELIM-2406-022: US ↔ UK — Management-fee elimination — Proposal only", "ADJ-2406-014: Group — IFRS 18 presentation dry-run — Comparative test", "COL-2406-006: Germany — Late disclosure package — Owner response", "APP-2406-002: Group — Close release gate — Blocked" ], "sections": [ { "title": "Effective-dated group perimeter", "items": [ "GRP: Northstar Holdings — Ultimate parent — Group reporting parent — USD — active from 2018-01-01", "US01: Northstar US Inc. — 100% direct — Full consolidation — USD — active from 2018-01-01", "UK01: Northstar UK Ltd — 100% direct — Full consolidation — GBP — active from 2018-01-01", "DE01: Northstar Germany GmbH — 100% direct — Full consolidation — EUR — active from 2019-04-01", "TR01: Northstar Türkiye A.Ş. — 82% direct — Full consolidation + NCI — TRY — active from 2021-07-01", "BR01: Northstar Brasil Ltda. — 70% direct — Full consolidation + NCI — BRL — active from 2022-02-01", "SG01: Northstar Singapore Pte. Ltd. — 35% direct — Equity method — illustrative — SGD — active from 2023-01-01" ] }, { "title": "Controlled close lifecycle", "items": [ "Scope: Confirm the reporting perimeter and active relationship path at the reporting date. Retained: Entity, ownership, control assessment, method, effective dates, reporting period, and approver.", "Collect: Receive entity packages with currency, ledger, period, version, lineage, and preparer context. Retained: Package version, source ledger, functional currency, submission status, validation results, and owner.", "Map: Relate local accounts and movements to the group chart, disclosures, and reporting instructions. Retained: Source account, group target, rule version, rationale, exception, reviewer, and effective period.", "Reconcile: Compare intercompany positions and surface timing, FX, mapping, and evidence differences. Retained: Entity pair, source records, currencies, matching logic, difference bridge, evidence, and owner response.", "Translate: Apply governed rate sets and preserve functional, transaction, journal, and presentation-currency context. Retained: Rate type, source, date, version, override, reviewer, translation result, and reserve movement.", "Eliminate: Prepare elimination proposals only after the relationship, source records, and accounting context are reviewable. Retained: Journal layer, currencies, accounts, debit and credit context, rationale, evidence, preparer, and reviewer.", "Adjust: Route top-side and policy adjustments through materiality, evidence, and approval controls. Retained: Adjustment type, entity impact, journal currency, presentation effect, evidence, approval, and reversal rule.", "Approve: Hold group output until accountable reviewers resolve exceptions and accept the reporting package. Retained: Reviewer decision, open limitations, rejected support, sign-off scope, timestamp, and release state." ] }, { "title": "Close work register", "items": [ "IC-2406-017: Northstar Holdings → UK Ltd / Germany GmbH; GBP/EUR → USD; Local packages → Group adjustments; Review timing, FX, and mapping bridge before an elimination is proposed.", "FX-2406-009: Northstar Holdings → Türkiye A.Ş.; TRY/— → USD; Translation reserve; Confirm rate source, date, IAS 29 workflow sequence, and reviewer authority.", "MAP-2406-031: Northstar Holdings → Brasil Ltda.; BRL/— → USD; Local package → Group chart; Assess account nature and approve a versioned group-chart relationship.", "PER-2406-004: Northstar Holdings → Singapore Pte. Ltd.; SGD/— → USD; Group perimeter; Retain the current-period control or significant-influence assessment and reviewer conclusion.", "ELIM-2406-022: Northstar Holdings → US Inc. / UK Ltd; USD/GBP → USD; Group elimination ledger; Review service-period, FX, tax, and group-policy context before approval.", "ADJ-2406-014: All in-scope entities; Multiple/— → USD; Group presentation layer; Reconcile comparative presentation mappings and management-defined performance measure records.", "COL-2406-006: Northstar Holdings → Germany GmbH; EUR/— → USD; Entity submission; Collect the missing schedules with source-system and preparer attestation.", "APP-2406-002: June 2026 group perimeter; Multiple/— → USD; Consolidated output; Resolve IC-2406-017 and PER-2406-004 before release." ] }, { "title": "Proposal-only journal layer", "items": [ "JRN-P-017: Intercompany receivable/payable; debit USD 111,480; credit USD 111,480; journal USD; sources GBP / EUR; Group elimination ledger; Proposal only", "JRN-P-022: Management fee income/expense; debit USD 78,620; credit USD 78,620; journal USD; sources USD / GBP; Group elimination ledger; Proposal only", "JRN-P-014: Presentation reclassification dry-run; debit USD 0 net; credit USD 0 net; journal USD; sources Multiple; Group presentation layer; Illustrative mapping" ] }, { "title": "Current official-source signals", "items": [ "Agenda decision: Classification of an FX difference from an intragroup monetary item — 2026-04 — https://www.ifrs.org/news-and-events/updates/ifric/2026/ifric-update-march-2026/", "Issued standard: IFRS 18 transition and comparative close readiness — Effective 2027-01-01 — https://www.ifrs.org/issued-standards/list-of-standards/ifrs-18-presentation-and-disclosure-in-financial-statements/", "Tentative agenda decision: Reassessment of control after governing-document changes — 2026-03 — https://www.ifrs.org/news-and-events/updates/ifric/2026/ifric-update-march-2026/", "Tentative project update: Equity-method project transition and sale/contribution topics — 2026-07 — https://www.ifrs.org/news-and-events/updates/iasb/2026/iasb-update-july-2026/" ] }, { "title": "Claims boundary", "items": [ "This public product preview uses illustrative entities, balances, mappings, rates, journals, and approvals. It does not post entries, operate a live close, reproduce licensed standards, validate accounting conclusions, or produce financial statements. Entity-specific conclusions require current authoritative sources and qualified professional review.", "A balanced proposal is a technical check, not an accounting conclusion." ] } ] }, { "path": "/reporting-lenses/ifrs-10-perimeter", "canonical": "https://www.consolidation.app/reporting-lenses/ifrs-10-perimeter", "title": "Control and consolidation perimeter | Consolidation", "description": "Structure current-period control, consolidation method, investment-entity questions, effective dates, ownership changes, and reviewer conclusions without automating the perimeter decision.", "topics": [ "Control evidence and purpose/design", "Rights and relevant activities", "Principal–agent context", "Investment-entity exception", "Changes and reassessment triggers", "Effective-dated method approval" ], "sections": [ { "title": "Authority and source boundary", "items": [ "Authority: IFRS Foundation", "Official starting point: https://www.ifrs.org/issued-standards/list-of-standards/ifrs-10-consolidated-financial-statements/", "High-level workflow summary only; licensed standards are not reproduced." ] }, { "title": "Operating themes", "items": [ "Control evidence and purpose/design", "Rights and relevant activities", "Principal–agent context", "Investment-entity exception", "Changes and reassessment triggers", "Effective-dated method approval" ] }, { "title": "Source-to-close path", "items": [ "Official source", "Entity facts", "Group policy", "Proposed treatment", "Qualified human decision" ] }, { "title": "Decision boundary", "items": [ "This public product preview uses illustrative entities, balances, mappings, rates, journals, and approvals. It does not post entries, operate a live close, reproduce licensed standards, validate accounting conclusions, or produce financial statements. Entity-specific conclusions require current authoritative sources and qualified professional review.", "Balanced entries and completed fields do not establish accounting correctness." ] } ] }, { "path": "/reporting-lenses/ias-21-currency", "canonical": "https://www.consolidation.app/reporting-lenses/ias-21-currency", "title": "Foreign currency and translation context | Consolidation", "description": "Keep functional, transaction, journal, rate-set, translation, and presentation-currency contexts visible through the close.", "topics": [ "Functional-currency assessment", "Transaction-date rates", "Monetary-item remeasurement", "Foreign-operation translation", "Exchange-difference classification", "Disposal and reserve release" ], "sections": [ { "title": "Authority and source boundary", "items": [ "Authority: IFRS Foundation", "Official starting point: https://www.ifrs.org/issued-standards/list-of-standards/ias-21-the-effects-of-changes-in-foreign-exchange-rates/", "High-level workflow summary only; licensed standards are not reproduced." ] }, { "title": "Operating themes", "items": [ "Functional-currency assessment", "Transaction-date rates", "Monetary-item remeasurement", "Foreign-operation translation", "Exchange-difference classification", "Disposal and reserve release" ] }, { "title": "Source-to-close path", "items": [ "Official source", "Entity facts", "Group policy", "Proposed treatment", "Qualified human decision" ] }, { "title": "Decision boundary", "items": [ "This public product preview uses illustrative entities, balances, mappings, rates, journals, and approvals. It does not post entries, operate a live close, reproduce licensed standards, validate accounting conclusions, or produce financial statements. Entity-specific conclusions require current authoritative sources and qualified professional review.", "Balanced entries and completed fields do not establish accounting correctness." ] } ] }, { "path": "/reporting-lenses/ias-28-equity-method", "canonical": "https://www.consolidation.app/reporting-lenses/ias-28-equity-method", "title": "Associates, joint ventures, and equity method | Consolidation", "description": "Organize significant-influence, joint-control, equity-method, upstream/downstream, loss, impairment, and presentation records with qualified review.", "topics": [ "Influence and joint-control facts", "Reporting-date alignment", "Policy alignment", "Share of results and OCI", "Unrealised result adjustments", "Loss, impairment, and discontinuation" ], "sections": [ { "title": "Authority and source boundary", "items": [ "Authority: IFRS Foundation", "Official starting point: https://www.ifrs.org/issued-standards/list-of-standards/ias-28-investments-in-associates-and-joint-ventures/", "High-level workflow summary only; licensed standards are not reproduced." ] }, { "title": "Operating themes", "items": [ "Influence and joint-control facts", "Reporting-date alignment", "Policy alignment", "Share of results and OCI", "Unrealised result adjustments", "Loss, impairment, and discontinuation" ] }, { "title": "Source-to-close path", "items": [ "Official source", "Entity facts", "Group policy", "Proposed treatment", "Qualified human decision" ] }, { "title": "Decision boundary", "items": [ "This public product preview uses illustrative entities, balances, mappings, rates, journals, and approvals. It does not post entries, operate a live close, reproduce licensed standards, validate accounting conclusions, or produce financial statements. Entity-specific conclusions require current authoritative sources and qualified professional review.", "Balanced entries and completed fields do not establish accounting correctness." ] } ] }, { "path": "/reporting-lenses/ifrs-3-acquisition", "canonical": "https://www.consolidation.app/reporting-lenses/ifrs-3-acquisition", "title": "Business combinations and acquisition accounting | Consolidation", "description": "Connect acquisition-date facts, consideration, identifiable net assets, NCI, goodwill, measurement-period updates, and disclosures to the group close.", "topics": [ "Business-versus-asset assessment", "Acquirer and acquisition date", "Consideration and contingent terms", "Identifiable net assets", "NCI, goodwill, and bargain purchase", "Measurement-period and disclosure updates" ], "sections": [ { "title": "Authority and source boundary", "items": [ "Authority: IFRS Foundation", "Official starting point: https://www.ifrs.org/issued-standards/list-of-standards/ifrs-3-business-combinations/", "High-level workflow summary only; licensed standards are not reproduced." ] }, { "title": "Operating themes", "items": [ "Business-versus-asset assessment", "Acquirer and acquisition date", "Consideration and contingent terms", "Identifiable net assets", "NCI, goodwill, and bargain purchase", "Measurement-period and disclosure updates" ] }, { "title": "Source-to-close path", "items": [ "Official source", "Entity facts", "Group policy", "Proposed treatment", "Qualified human decision" ] }, { "title": "Decision boundary", "items": [ "This public product preview uses illustrative entities, balances, mappings, rates, journals, and approvals. It does not post entries, operate a live close, reproduce licensed standards, validate accounting conclusions, or produce financial statements. Entity-specific conclusions require current authoritative sources and qualified professional review.", "Balanced entries and completed fields do not establish accounting correctness." ] } ] }, { "path": "/reporting-lenses/ias-29-hyperinflation", "canonical": "https://www.consolidation.app/reporting-lenses/ias-29-hyperinflation", "title": "Hyperinflation and reporting-package sequence | Consolidation", "description": "Make the restatement, index, monetary-position, translation, comparative, evidence, and review sequence explicit for affected functional currencies.", "topics": [ "Scope indicators and effective date", "Price-index source and version", "Restatement sequence", "Net monetary result", "Comparatives and opening balances", "IAS 21 translation handoff" ], "sections": [ { "title": "Authority and source boundary", "items": [ "Authority: IFRS Foundation", "Official starting point: https://www.ifrs.org/issued-standards/list-of-standards/ias-29-financial-reporting-in-hyperinflationary-economies/", "High-level workflow summary only; licensed standards are not reproduced." ] }, { "title": "Operating themes", "items": [ "Scope indicators and effective date", "Price-index source and version", "Restatement sequence", "Net monetary result", "Comparatives and opening balances", "IAS 21 translation handoff" ] }, { "title": "Source-to-close path", "items": [ "Official source", "Entity facts", "Group policy", "Proposed treatment", "Qualified human decision" ] }, { "title": "Decision boundary", "items": [ "This public product preview uses illustrative entities, balances, mappings, rates, journals, and approvals. 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Organized as a governed operating, evidence, review, and decision record.", "topics": [ "Close dashboard", "Consolidated statements", "Disclosures", "Variance narratives" ], "sections": [ { "title": "Operating scope", "items": [ "Top-side, reclassification, correction, late, tax, and disclosure adjustments", "Consolidated trial balance, statements, notes, movements, and reporting dimensions", "Materiality, close milestones, dependencies, blockers, and completion criteria", "Period, budget, forecast, prior-year, and management-reporting variances", "Preparer, reviewer, approver, disclosure owner, and reporting authority" ] }, { "title": "Evidence record", "items": [ "Proposed journals, calculations, source balances, and accounting rationale", "Consolidated trial balance, statement mappings, and control reconciliations", "Disclosure checklist, note support, ownership, and review comments", "Variance analysis, business explanations, corroboration, and challenge", "Close checklist, approvals, locked outputs, and post-close change history" ] }, { "title": "Governed outputs", "items": [ "Approved adjustment and posting audit trail", "Controlled consolidated statements and reporting package", "Disclosure support, checklist, review, and completion status", "Variance narrative and management-review record", "Close dashboard, sign-off, lock, and post-close change log" ] } ] } ] }