IFRS statutory financial consolidation compliance is mandatory — the misery isn't

Finance teams are under constant pressure to close the books quickly, deliver accurate reports, and stay ahead of changing regulatory requirements. For companies operating across multiple entities, currencies, and jurisdictions, complying with International Financial Reporting Standards (IFRS) can feel like an uphill battle.

Legacy systems and manual spreadsheets simply aren’t built for the complexity of IFRS consolidation requirements — from intercompany eliminations and internal gains and loss neutralization to equity variations and deferred tax calculations. These limitations cause delayed actuals, manual, time-consuming calculations and adjustments, and a higher risk of compliance errors that can trigger additional audit scope or financial restatements

It’s time for a better solution.

Meet IFRS consolidation requirements with speed and confidence

Anaplan IFRS Accelerator for Consolidation provides finance and accounting teams with the functionality they need to comply with IFRS requirements quickly and confidently with ease. It standardizes data collection, consolidation, and reporting through repeatable, audit-ready processes — all while integrating seamlessly with your existing systems, including enterprise resource planning platforms (ERPs), general ledgers, and financial and operational systems. 

Purpose built for finance and accounting teams, the accelerator is flexible, intuitive, and designed to adapt as regulatory standards evolve so that your compliance process stays efficient and future ready.

Streamline your consolidation and reporting

Managing your IFRS consolidation and reporting requirements shouldn’t slow you down. With built-in automation, Anaplan takes the complexity off your plate — applying rules for eliminations of shares, internal dividends, internal impairment and provisions, scope variations, and more —so you get accurate, audit-ready data without the manual effort. 

Leverage the Anaplan IFRS Accelerator for Consolidation to:

• Use preconfigured chart of accounts to meet IFRS standards and reduce mapping errors and setup time
• Automate deferred tax calculations to ensure timely, compliant reporting across entities
• Seamlessly allocate previous year net income and group/NCI current year net income in line with IFRS requirements
• Automatically carry forward balances across periods to streamline your close and ensure continuity

Reduce risk and maximize efficiency

With preconfigured logic and automated calculations, your team minimizes manual effort across consolidation, disclosure, and financial statement preparation. This means less time is spent on repetitive tasks and more time on high-value analysis.

With the Anaplan IFRS Accelerator for Consolidation, your team can:

• Automatically match and reconcile intercompany transactions to reduce errors
• Quickly generate required statutory reports, including balance sheet, income statement, cash flow, other comprehensive income, and change in equity statements
• Eliminate manual work with auto-generated journal entry reports to support audit readiness

Improve transparency and auditability

Gain full visibility into your data with built-in transparency and control. Anaplan provides full audit trails that track trial balance ingestion directly from your general ledger, so you always know where your numbers come from. Our data consistency checks catch issues early — helping you improve accuracy and reduce the risk of misstatements before they impact reporting. Increase visibility by connecting data from ERPs, general ledgers, and financial and operational systems across your subsidiaries and regions, regardless of chart of accounts or fiscal years, and map them to a unified, IFRS compliant corporate chart of accounts.

Statutory financial consolidation compliance made simpler, faster

With the Anaplan IFRS Accelerator for Consolidation, your team can do more than meet the minimum requirements – they can turn compliance into a catalyst for broader finance modernization. Automate manual processes, mitigate risk, and gain the visibility you need to support faster consolidation, reporting, and greater auditability.