What is Consolidated Statements
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Answer / babhu kanchupalli
The financial statements prepared by the holding company is call as consolidated statements...for example....Y company is subsidiary to X company(holding company)......then the statements prepared by the X company is called consolidated statements.It includes the details of subsidiary company assets and liabilities with some extent.......It shows the overall performance of the holding company as agroup.....
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Answer / ca.manji
financial statments prepared by holding copany including financial statments of its subsidiary companies and its joint ventures is called consolidated financial statments
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / guest
The combined financial statements of a parent company and its
subsidiaries.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / tanoj
same company balance sheets which are operated by different nation all thoghter industry calculate
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Answer / vinay kumar
it is the combined financial statements of both subsidiary and holding companies
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