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Consolidated Financial Statements |
Also found in: Acronyms, Wikipedia | 0.06 sec. |
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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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? Mentioned in | ? References in periodicals archive | |
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These consolidated financial statements are the responsibility of the Association's management. The Tax Court concluded that the consolidated financial statements issued to shareholders did not violate the Sec. 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. |
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