What is consolidated financial statement.
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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.
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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.
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Financial Statement of a parent and its subsidiary(ies)
prepared as a SINGLE ECONOMIC ENTITY is called CFS.
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Answer / ramana
It is a Statement That consist of the Combination of holding
Company and subsidary Company,..in the form of shares
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Principles of accounting
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