Keywords:associated company, consolidated reporting, holding, parent (main) organization, process of elimination
Citation: Vladimir Komkov (2010). Special Features of Forming Report Forms for Preparing Consolidated Reporting. Russian Journal of Entrepreneurship, 11(2), 82-88. — url: http://bgscience.ru/com/lib/2018
Share:
Abstract:
The article reveals the methodology for preparing consolidated accounts of holding companies. The author describes the basic procedures for eliminating and consolidating basic reporting forms which are necessary for the analysis of financial results. He indicates the holding’s specificity regarding formation of the consolidated financial results and describes the process of eliminating the intra-group transactions in order to obtain undistorted consolidated financial result of the holding’s activities.