Consolidation
This query is : Resolved
15 February 2017
no... a firm's and a company's finanacial information that is balance sheet shall be consolidate??
15 February 2017
Companies Act 2013 (‘the Act’), in terms of Section 129(3), establishes the requirement for consolidated financial statements for Indian companies and provides that where a company has one or more subsidiaries, it shall prepare a consolidated financial statements of the parent company and its subsidiaries, joint ventures and associates.
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