Consolidated financial statements
- Consolidated financial statements
Consolidated financial statements are financial statements that factor the holding company's subsidiaries into its aggregated accounting figure. It is a representation of how the holding company is doing as a group. The consolidated accounts should provide a true and fair view of the financial and operating conditions of the group. Doing so typically requires a complex set of eliminating and consolidating entries to work back from individual financial statements to a group financial statement that is an accurate representation of operations.
ee also
*Associate company
*Business valuation
*Consolidation (business)
*Enterprise value
*Minority interest
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Consolidated Financial Statements — The combined financial statements of a parent company and its subsidiaries. Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge the overall… … Investment dictionary
consolidated financial statements — The financial report of a parent corporation and it s subsidiaries or affiliates which combines the assets, liabilities, revenues, and expenses of all of the entities. In preparing consolidated financial statements, all intercompany transactions… … Black's law dictionary
consolidated financial statements — The financial report of a parent corporation and it s subsidiaries or affiliates which combines the assets, liabilities, revenues, and expenses of all of the entities. In preparing consolidated financial statements, all intercompany transactions… … Black's law dictionary
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audit of financial statements and consolidated financial statements report — finansinių ataskaitų rinkinio ir (arba) konsoliduotųjų finansinių ataskaitų rinkinio audito ataskaita statusas Aprobuotas sritis auditas apibrėžtis Įstatymų nustatytais atvejais ir tvarka kartu su auditoriaus išvada teikiamas dokumentas, kuriame… … Lithuanian dictionary (lietuvių žodynas)
report on audit of financial statements and consolidated financial statements — finansinių ataskaitų rinkinio ir (arba) konsoliduotųjų finansinių ataskaitų rinkinio audito ataskaita statusas Aprobuotas sritis auditas apibrėžtis Įstatymų nustatytais atvejais ir tvarka kartu su auditoriaus išvada teikiamas dokumentas, kuriame… … Lithuanian dictionary (lietuvių žodynas)
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audit of financial statements and consolidated financial statements — finansinių ataskaitų rinkinio ir (arba) konsoliduotųjų finansinių ataskaitų rinkinio auditas statusas Aprobuotas sritis auditas apibrėžtis Nepriklausomas audituojamos įmonės finansinių ataskaitų ir (arba) konsoliduotųjų finansinių ataskaitų… … Lithuanian dictionary (lietuvių žodynas)
