Difference between standalone and consolidated balance sheet
This query is : Resolved
14 January 2015
please can anyone tell me difference between standalone and consolidated balance sheet.
its urgent reply fast
its urgent reply fast
CA R SEETHARAMAN
(Expert)
14 January 2015
Standalone is individual balance sheet. Consolidated is consolidated balance sheet including its subsidiaries.
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14 January 2015
standalone means financial statments are prepared for 1 single company only and in consolidated it includes that of subsidiaries.
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Rupesh Jain
(Expert)
14 January 2015
standalone is one unit/company/business balance sheet.
consolidate it is combined of two or more business balance sheet.
consolidate it is combined of two or more business balance sheet.
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Arpit Shah
(Expert)
11 December 2015
Agreed with ALLLLLLL
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