Consolidation Engine
IFRS · OHADA · US-GAAP · UK-GAAP · Minority Interest · FX Translation · Hyperinflation · Goodwill · Segments
Consolidated Statement of Profit & Loss
Direct method · Inter-company eliminations applied · NCI deducted · FX translated at closing rate
Consolidated Balance Sheet
Assets = Liabilities + Equity · NCI shown separately in equity · Goodwill on acquisition included
12.9 Group Structure
Holding company → subsidiaries · Ownership % · Functional currencies · Incorporation dates
Inter-Company Eliminations
Profit only recognised on sale to external customers · IFRS 10 / ASC 810
12.2 Non-Controlling Interest (Minority Interest)
IFRS 10 · Full goodwill method (NCI at fair value) vs proportionate method
12.3 FX Translation
Current rate method (IFRS): Assets/Liabilities at closing rate · P&L at average rate · CTA in OCI
12.4 Hyperinflationary Accounting
IAS 29 · Cumulative inflation >100% over 3 years triggers restatement · Zimbabwe · Nigeria (historic) · Sudan
12.5 OHADA Chart of Accounts Mapping
OHADA Uniform Act (SYSCOHADA) · Used in 17 West & Central African states · Maps to IFRS equivalents
12.6 Segment Reporting
IFRS 8 / ASC 280 · Operating segments · Management approach · Revenue ≥10% or assets ≥10% of total
12.7 Goodwill & Impairment
IFRS 3 Business Combinations · IAS 36 Impairment · Annual impairment test · CGU allocation