OneStream

Intercompany Reconciliations Done Right – Part 1

Intercompany eliminations are a key step in the creation of consolidated financial statements.  The objective is to ensure the consolidated financial statements present an accurate picture of revenues, expenses, assets, liabilities and equity – ensuring they aren’t inflated due to transactions occurring between subsidiaries or companies in the group. Several Read more…

OneStream

Intercompany Reconciliations Done Right – Part 1

Intercompany eliminations are a key step in the creation of consolidated financial statements.  The objective is to ensure the consolidated financial statements present an accurate picture of revenues, expenses, assets, liabilities and equity – ensuring they aren’t inflated due to transactions occurring between subsidiaries or companies in the group. Several Read more…