A financial statement showing all the assets, liabilities, income and expenses of a parent company and its subsidiaries. It represents the standing of a company as a group and requires elimination and consolidation of entries to provide a fair presentation of the financial status of the group. See also business combination.
Related information about consolidated financial statement:
- Consolidated financial statement - Wikipedia, the free encyclopedia
The aim of consolidated financial statement is to show the performance of the group as if it were a single entity. This means that all intra-group transactions ...
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The combined financial statements of a parent company and its subsidiaries.
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The parent company does so by publishing a consolidated financial statement, which combines the assets, liabilities, revenue, and expenses of the parent ...
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Meaning and definition of Consolidated Financial Statements. Consolidated financial statements refer to the financial statements which lead to the subsidiaries ...
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Definition of consolidated financial statement: Financial information presentation in which the assets, equity, liabilities, and operating accounts of a firm and its ...
- ECB: Consolidated financial statement of the Eurosystem as at 28 ...
Oct 3, 2012 ... Consolidated financial statement of the Eurosystem as at 28 September 2012.