Consolidated Financial Statements

Felix I. Lessambo ()
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Felix I. Lessambo: Fordham University

Chapter Chapter 20 in Financial Statements, 2022, pp 301-309 from Springer

Abstract: Abstract Consolidated financial statements present the financial position and results of operations for a parent (controlling entity) and one or more subsidiaries (controlled entities) as if the individual entities actually were a single company or entity. Consolidated financial statements often represent the only means of obtaining a clear picture of the total resources of the combined entity that are under the control of the parent company.

Date: 2022
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DOI: 10.1007/978-3-031-15663-2_20

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