By Islam BarakaDefinitions
In plain terms
A group should not present a transfer between its own members as though it were an external group transaction.
Technical
The bounded D30 profile creates consolidation adjustments from supported reciprocal positions with declared currency and scope policies.
Scope
It does not delete legal-entity postings or implement every consolidation, tax, ownership or FX case.
Examples
- A synthetic intragroup receivable/payable pair is offset in consolidation while both entities retain their books.
Common misconceptions
- Matching two entity balances does not authorize ignoring framework-specific FX or net-investment treatment.
Concept relationships
Prerequisites
Where this concept is used
Evidence and governance
- AASB 10, compilation 7: B86 consolidation procedures Australian Accounting Standards Board · official standard
Supports: preferred label, short definition, variant distinction
Limits: Not a full consolidation implementation or an assertion about US GAAP; ownership, tax, FX and other exceptions need their own scope.
- D30 glossary teaching-profile scope, Batch 013 The Fintech Builder · internal governed contract
Supports: technical definition
Limits: No independent regulatory mandate, real-bank dataset, service execution, external witness or production assurance is claimed.
- Reviewed by
- fintech-builder-batch-013
- Last reviewed
- 2026-10-27
- Next review
- 2027-10-27
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.