Subsidiaries and Quasi subsidiaries

Ron Paterson

Chapter 3 in Off Balance Sheet Finance, 1993, pp 23-34 from Palgrave Macmillan

Abstract: Abstract Consolidation is the process whereby the individual accounts of a parent company and each of its subsidiaries are combined and presented as if they were those of a single entity, without regard for the legal boundaries between the companies in the group. It essentially involves aggregating the amounts shown in each of the individual accounts, on a line-by-line basis, and making appropriate adjustments to achieve consistency of measurement and eliminate double-counting.

Keywords: Parent Company; Dominant Influence; Financial Policy; Unify Basis; Exercise Price (search for similar items in EconPapers)
Date: 1993
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DOI: 10.1007/978-1-349-12613-2_3

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