What is consolidated financial statement.
Answers were Sorted based on User's Feedback
Answer / srikant pattanaik.
The combined financial statements of a parent company and
its subsidiaries.
Is This Answer Correct ? | 63 Yes | 3 No |
Answer / satheesh
consolidated financial statement is a statement which take account all the business transaction of parent company and its subsideries.
Is This Answer Correct ? | 6 Yes | 1 No |
The combined financial statements of a parent company and
itBecause consolidated financial statements present an
aggregated look at the financial position of a parent and
its subsidiaries, they enable you to gauge the overall
health of an entire group of companies as opposed to one
company's stand alone positions subsidiaries.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / sheetal kumar garg
consolidation financial statement is a statement which
include holding company statement and subsidary company
statement.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ravi teja . vishnubhotla
consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge the overall health of an entire group of companies as opposed to one company's stand alone position.
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / cheenu
it s nothing but combined financial statements of a company and its subsidiaries.
Is This Answer Correct ? | 1 Yes | 0 No |
Financial Statement of a parent and its subsidiary(ies)
prepared as a SINGLE ECONOMIC ENTITY is called CFS.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ramana
It is a Statement That consist of the Combination of holding
Company and subsidary Company,..in the form of shares
Is This Answer Correct ? | 0 Yes | 0 No |
Closing stock not considered in Trial Balance,why?
What is the Difference Between Sales Tax and VAT ?
What is the difference between Finance and Accounts?
What is the Difference Between (A/c Payable / Receivable ) AND ( Bills payable / Receivable )................?
What is the difference betwween letter of credit and contract of gaurantee.........in what situations these will issued by whom?
ESI payable in the year 2010 was Rs.11000 but not accounted for by mistake in that year.It was paid in the year 2013-14. Then what will be the journal entry?
What is field status variant in SAP FI Module?
what is reserve capital
journal entry of outstanding salary
saji become insolvant -what is journal entry
purchase return liability or asset?should it be included in the balanced sheet?
what is mutual funds?