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Consolidated Financial Statements

   Also found in: Acronyms, Wikipedia 0.06 sec.
Consolidated Financial Statements
The combined financial statements of a parent company and its subsidiaries.

Notes:
Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge the overall health of an entire group of companies as opposed to one company's stand alone position.
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These consolidated financial statements are the responsibility of the Association's management.
Music Teachers National Association, Inc. Consolidated Statement of ... by American Music Teacher
The Tax Court concluded that the consolidated financial statements issued to shareholders did not violate the Sec.
Subsidiary's nonconforming inventory method will not violate group's ... by Kautter, David J. / The Tax Adviser
The FASB tried to get a handle on consolidated financial statements back in October 1995, when it released an exposure draft, Consolidated Financial Statements: Policy and Procedures.
Second try at tough issue by Journal of Accountancy
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