Spain

Antonio López Díaz and Pedro Rivero Torre

Chapter Chapter 25 in Transnational Accounting, 1995, pp 2305-2369 from Palgrave Macmillan

Abstract: Abstract Until the publication of Royal Decree (Real Decreto, RD) 1815/1991 approving the ‘Standards for the Preparation of Consolidated Annual Accounts’ (Normas para la formulación de las cuentas anuales consolidadas), hereafter referred to as ‘Consolidation Standards’ (Normas de Consolidación, NC) the preparation of consolidated annual accounts was more the exception than the rule for groups of companies. This was due mainly to the absence-of a legal obligation to consolidate. Royal Decree 1815/1991 enacts the provisions of the Commercial Code (Código de Comercio, CCom) which, for the purpose of adapting commercial law to EU regulations, requires the presentation of consolidated annual accounts.

Keywords: Capital Stock; Group Company; Consolidation Standard; Equity Method; Group Account (search for similar items in EconPapers)
Date: 1995
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13233-1_25

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349132331

DOI: 10.1007/978-1-349-13233-1_25

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().