Consolidation of financial statements

dear all, our company is the holding company and we are having three subsidaries in the financial year 2014-15 and where as in 2013-14 our company has only one subsidaries. my question is how we need to present the financial data of both the companies in the financial statements. As we need to present the last year data in the financial statements. would it anyway effect the cash flow statements and comparision of financial statements concept. please suggest me how to present the financial statements in preparing consolidation of financial statements?
Replies (1)

You can present your financial statement like this 

                                               FY 2015                                    FY 2014

                       ( All subsidiaries)    Like to like subsidiary         Like to like subsidiaries

Heads of accounts   

Total Assets

Total Liability

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details