Client stories
What group finance teams said after the binder landed
These notes come from controllers, CFOs, and subsidiary accountants who hired us for consolidation audit preparation and related reconciliations.
“They rebuilt our intercompany matrix for five subsidiaries before the auditor’s first day. Two timing differences took longer than I hoped, but once those were documented the elimination journals finally tied.”
“Our Kaohsiung plant’s chart of accounts never matched the parent. Future APIQ mapped every local line and left us a table we still use each quarter.”
“The readiness assessment was blunt about missing FX translation bridges. We fixed those gaps ourselves; the report made the priority order obvious.”
“I asked them only for statutory files on two smaller entities. The TB tie-outs were careful, though we still had to chase one bank confirmation ourselves.”
“Intercompany fees between the holding company and three service entities had drifted for months. Their review session with both bookkeepers in the room cleared most of it in an afternoon.”
“For our first consolidated audit after acquiring two firms, the week-one package meant auditors stopped asking for basic structure charts and started sampling properly.”
Extended story: five subsidiaries, one auditor kick-off
Electronics holding company, Taipei
The group entered December with three charts of accounts and unmatched management fees between the parent and two service entities. Future APIQ ran a consolidation audit preparation engagement over four weeks: mapped the charts, rebuilt the intercompany matrix, and drafted eliminations before the appointed auditor’s first day.
Two timing differences on goods in transit took longer than planned because the Kaohsiung plant’s shipping logs arrived late. Those residuals were documented rather than forced into a plug. By fieldwork week one, auditors worked from the indexed binder instead of requesting basic structure charts.
First consolidated audit after two acquisitions
A retail holding company acquired two regional firms mid-year and faced its first group audit. An audit readiness assessment surfaced missing FX translation bridges and an incomplete ownership timeline for minority stakes. The client remediated most gaps internally using the prioritised plan; Future APIQ then assembled the group reporting package template for the following quarter.