StatformModules › Consolidate
Statform Consolidate

Consolidated financial statements, without the spreadsheet chaos

Consolidate brings your whole group — parent and every subsidiary — into one secure workspace. Entities submit online, you review, eliminate and consolidate, and out come complete IPSAS financial statements with notes.

Your entities each produce financial statements. Turning thirty of them into one consolidated set is still a manual grind.

Submission chaos

Entity files arrive by email in every format and version imaginable. Chasing, re-requesting and tracking who has submitted eats weeks of the timetable.

Manual eliminations

Inter-entity balances that never agree, investment eliminations worked out in side spreadsheets, NCI computed by hand — every error found late, at review.

No audit trail

When the auditor asks why a consolidated figure moved, the answer lives in somebody's Excel file — or nowhere. Sign-off becomes an archaeology exercise.

Three steps from scattered entity files to a signed consolidated set

01

Set up your group

Complete the parent profile and add each subsidiary with its percentage control and an invite email. Acquisition or amalgamation, full or partial ownership — captured per entity.

02

Entities report

Each subsidiary signs in to its own private workspace, completes the standard reporting package online — or uploads the Excel version — passes the built-in checks, and submits. Submissions lock automatically.

03

You consolidate

Accept or return each submission with comments, generate elimination journals automatically, review the consolidation worksheet entity by entity, and export your reports.

What's inside

Everything a consolidation team needs, in one place.

Invite-based submissions

Each entity sees only its own workspace; you see everything, live — who has started, submitted, or needs chasing.

Full IPSAS statement set

Financial position, performance, changes in net assets, cash flows, budget comparison — and the notes — consolidated line by line.

Automatic eliminations

Investment against pre-acquisition equity, inter-entity balances and transactions — with a mismatch report that shows exactly what does not agree.

Non-controlling interests

Computed and presented automatically for any shareholding below 100%, in both net assets and the surplus for the year.

Audit trail built in

Every submission, return, journal and report is logged — who, what, when.

Professional outputs

A consolidation workbook in Excel, a formatted Word report, and print-ready PDF — boardroom-ready.

Who it is for

Any group that consolidates.

Governments & Ministries

Whole-of-government and ministry-level consolidation across departments, agencies, funds and local authorities — on an IPSAS accrual basis.

State-Owned Enterprise groups

Parastatals with subsidiaries and joint ventures, mixed shareholdings, and boards that expect the eliminations to be right.

Any parent entity

Holding companies, NGO federations, church and university groups — if entities report to you and you must present one set of statements, this is your module.

Grounded in the standards you are actually reporting against

Common questions

Do our subsidiaries each need a licence?

No. One subscription covers the whole group — one administrator plus unlimited subsidiary sign-ins.

Can entities submit an Excel file instead of typing figures online?

Yes. Each entity can complete the standard Excel reporting package offline and upload it — the system reads it and pre-fills their online return for review and submission.

What about entities we own less than 100% of — or control without shares?

Both are handled. Non-controlling interests are computed and presented automatically, and control can be recorded on the basis of board appointment or binding arrangement, not only shareholding — as IPSAS 35 requires.

What happens when a submission is wrong?

You return it with written comments. The entity sees exactly what to fix, corrects, and resubmits — and the whole exchange stays on the record.

Is this only for IPSAS?

The current statement structure is IPSAS-based. Tailored statement and note templates per sector, including IFRS groups, are on the roadmap — tell us your framework when you get in touch.

Ready to consolidate your group?

An annual subscription per group — one administrator plus unlimited subsidiary sign-ins. Tell us about your group and we will set you up.

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