Construction enterprise consolidated financial statement preparation practice

Author: Li Shiyu
Publisher:
Publish Date: 2001-11-01
Features: Consolidated financial statements treat the member enterprises within the consolidation scope of the enterprise group as a single accounting entity. Based on the individual financial statements prepared by these member enterprises, the parent company within the group uses a set of consolidation procedures and methods to compile financial statements that comprehensively reflect the financial position, operating results, and cash flows of the enterprise group.