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Consolidated financial statement - How To Discuss

Writer Isabella Browning

Consolidated financial statement,

Definition of Consolidated financial statement:

  1. 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.

Meaning of Consolidated financial statement & Consolidated financial statement Definition