Consolidated financial statements are an essential part of the accounting process for group companies. This key information provides perspective on the entire business, something that is often lost when looking only at figures for the parent or a single subsidiary

The use of consolidated financial statements is key today for any organisation operating within a group, no matter what stage the business is at. By opting to use consolidation software it’s possible to reduce the complexity of the process of preparing these statements and optimise the way that they are used as a result.

In Consolidated Financial Statements, Financials of parent company and its subsidiaries will be consolidated as if  they are a single economic entity. Preparation of Consolidated Financial Statements involves highly technical and complicated procedures  -

However, worry not  - Financial Statements Consolidation and Investment Accounting Training course  will take you through step by step as to how consolidated financial statements are prepared.