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7 Points Posted on 25 December 2020
what is the difference between business combination and consolidation ?
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On 25 December 2020 at 19:49 Report
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This discussion clarifies the difference between business combination and consolidation. A business combination is akin to a marriage, representing a restructuring. Consolidation, on the other hand, is like living together, where two or more businesses merge their financial statements while maintaining separate identities, often involving parent and holding companies.

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Chartered Accountant
24588 Points Posted on 25 December 2020
Business combination is restructuring of business whereas business consolidated means consolidation of two or more business together by maintaining one business.. consolidating their financial statements together where parent company and holding company consolidates their business
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On 25 December 2020 at 20:26
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7 Points Posted on 28 December 2020
Business combination is like marriage

consolidation is like living together
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On 28 December 2020 at 15:15

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