Consolidated year-end closing and consolidation
Group accounting and consolidated year-end closing
When a business comprises a parent company and one or more subsidiaries, financial reporting is often required for the group as a whole. We help you prepare consolidated financial statements and gain a clear overview of the group’s financial performance and position.
What is included in group accounting
We manage the entire process, from each company's individual year-end closing to completed consolidated financial statements for the group.
- Preparation of consolidated financial statements
- Consolidated year-end closing
- Consolidation of parent company and subsidiaries
- Elimination of intercompany transactions and balances
- Consolidation adjustments
- Consolidated income statement and balance sheet
- Group reporting and financial monitoring
When are consolidated financial statements required?
As a general rule, a parent company must prepare consolidated financial statements under the Swedish Annual Accounts Act. However, smaller groups may be exempt, depending on factors such as employee count, balance sheet total and net turnover over recent financial years. We review the requirements for your specific group, and if you are exempt, a voluntary consolidation can still provide a clearer overview.
Do you have a stand-alone holding company? We offer a fixed price – read more about accounting for holding companies →Better basis for decision-making across the whole group
Consolidated group reporting shows how the group is actually performing, without internal transactions distorting the figures. This provides you and the board with clearer information for decision-making, financing and planning.
Which businesses is this service suitable for?
- Groups with a parent company and one or more subsidiaries
- Holding companies with operational subsidiaries
- Corporate groups seeking consolidated reporting and monitoring
How the collaboration works
- 1Free quotationTell us about your corporate group via the form. Our team will get back to you with a quote tailored to the number of companies and setup.
- 2OnboardingWe review your business, establish routines, and assist with any handover from a previous firm.
- 3Ongoing workYou send documentation digitally and have a dedicated client team with a fixed contact person – via email, phone, or in meetings in the Gothenburg area.
Frequently asked questions
Do all corporate groups have to prepare consolidated financial statements?
No. Smaller corporate groups may be exempt under the Swedish Annual Accounts Act. We help you assess whether the requirements apply to you.
Can you handle the bookkeeping for all companies?
Yes, we can handle the ongoing bookkeeping and year-end closing for all companies, making consolidation simpler and more reliable.
How much does consolidated accounting cost?
The price depends on the number of companies, the scope of intercompany transactions, and the reporting you require. Send an enquiry to receive a quote.
Request a quote for your corporate group
Corporate groups are priced individually based on the number of companies and setup. Tell us briefly about your group and our team will get back to you with a tailored quote.
Request a quote for your corporate group