consolidated financial statement
Definition
Financial information presentation in which the assets, equity, liabilities, and operating accounts of a firm and its subsidiaries are combined (after eliminating all inter-firm transactions) and shown as belonging to a single reporting entity. Also called combined financial statement or consolidated accounts.
consolidated financial statement is in the Accounting & Auditing subject.
consolidated financial statement appears in the definitions of the following terms: group currency, acquisition accounting, consolidation, combined financial statement, consolidated balance sheet and consolidated accounts
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