Consolidate financial statement

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47 Points Posted on 16 July 2020
if I had one subsidiary compay and my company is not listed company is it required to prepare consolidated financial statements and also my company has no holdings company
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On 16 July 2020 at 13:12 Report
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If you have a subsidiary company, preparing consolidated financial statements is generally compulsory, regardless of whether your parent company is listed or has a holding company structure. This ensures a comprehensive view of the group's financial performance and position.

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Tax and Business Consultant
11616 Points Posted on 16 July 2020
Yes, it's compulsory to prepare consolidated financial statements.
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On 16 July 2020 at 18:55
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47 Points Posted on 17 July 2020
Thank you sir
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On 17 July 2020 at 16:05

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