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Consolidated financial statement


03 July 2013 sir
x co. have 100% honkong subsy. now, subsy has calender year as thier f.y. and x co. has apr to march as their f.y.. how to prepare consolidated financial statement. please advise

03 July 2013 prepare the accounts of subsidiary as per the financial year of holding co. and than consolidate

03 July 2013 Madam
then whether we have to certify the financials of subsy from CA of honkong for the period from apr to march because he will certify the financials for the period from jan to dec. and we have create provision for taxation and all the other things for the period ending march.






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