......individual balance sheet , income statement, notes to account, explanatory statement and cash flow statement all of the subsidiary companies
1) consolidated financial statement
2) consolidated factorial statement
3)comsolidated factory system
4)consolidated procedure system
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1) consolidated financial statement
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All the elements are included in consolidated financial statement
- These statements usually consist of -
- A consolidated balance sheet,
- A consolidated statement of profit and loss,
- Notes and additional statements, and
- Explanatory information.
- If a firm produces its own cash flow statement, then these statement is generally given.
- To the degree practicable, these statements are provided in the same manner as the firm's separate financial statements.
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