• SKILL LEVEL:
  • Proficient

Group (consolidation) accountant


What is a group (consolidation) accountant and what do they do?

Group accountants (also known as consolidation accountants) are responsible for maintaining the financial reporting within a group of companies. Group accountants may be required to consolidate the financial statements of a number of subsidiary companies for a group. They are responsible for preparing the group's consolidated accounts, supporting the audit process and working with the external auditors to ensure that accounts are filed with the relevant authorities.

This role can be similar to that of a financial accountant, in that it can require the drafting of financial statements and potentially supporting or running the external audit process, but is focused on the consolidated accounts of the group rather than individual entities. A keen interest in technology developments pertinent to accountancy and a considered, intentional approach to leverage them for service improvement is key.

Capabilities

While the accountancy profession offers diverse career options and paths, the core capabilities required to perform at the highest standards remain the same - irrespective of skill level or job role.

Collaboration Digital Drive Ethics Expertise Insight Sustainability
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Continuing professional development at ACCA

A commitment to life-long learning is a vital part of your ACCA membership; it unlocks the full potential of your career choices - and drives forward the profession.

We deliver a wide range of CPD resources tailored to different areas of expertise - and an ever-changing profession. Our, and your, commitment to quality CPD ensures you will have the most up-to-date skills to perform at the highest standard. 

So, get started (or restarted) and take a look at our curated list of the most relevant CPD resources to secure and succeed in this role.

units 20

Online course

Certificate in International Financial Reporting (Cert IFR)

We offer a range of ACCA courses on international financial reporting, including the Certificate in International Financial Reporting.

This financial reporting course offers a broad introduction to the field of international financial reporting and International Financial Reporting Standards (IFRS). It traces the history of the International Accounting Standards Board (IASB) from its early roots through to recent changes and updates and future developments.

The qualification is structured in an accessible and user-friendly way that underlines key information and provides useful summaries. It examines and breaks down specific standards topic by topic. There are case studies, which are based on real-life examples, and many exercises, multiple-choice questions and sample answers for you to test your knowledge with as you progress through the course.

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units 5.5

Online course

Financial services 5 course pack

This five-course pack from BPP has been specifically designed for finance professionals working in the financial services sector. The courses will provide an introduction to investment banking and financial markets.

By completing this pack, you will gain a better understanding of: 
 

  • the basics of investments
  • the basics of mergers and acquisitions
  • the key characteristics of hedge accounting.
units 20

Online course

IFRS complete pack

This pack contains courses which will help you refresh your basic IFRS knowledge and also learn new and interesting things about the standards. It consists of all the courses covering IFRS topics from the basic areas to the more complex ones, with questions and examples included. Understand related concepts using practical examples and interim tests to enhance understanding.

Find more CPD resources on ACCA Learning

How does the ACCA qualification support this job role?

From a combination of exams, ethics and experience, the ACCA Qualification will boost your employability and performance at every stage of your career journey.

Here we have listed some elements of the ACCA Qualification that will help you perform at the highest standard in this job role.

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Case study for this role

From AB magazine interview

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Seeing things clearly

Preconceived ideas about other people often colour our interactions at work, but stereotypical thinking can also affect our own career choices, argues Urszula Pajdzik
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