Consolidation of financial statements

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Facts-Last year ,consolidation of Financial Statements was done only of one subsidiary.. From Current financial year, Consolidation is required to be done of Two Subsidiaries.

Query- Whether in "Previous Year Figures" financial data of both the subsidiaries is required  to be reported or only figures of old Subsidiary are to be shown.??

 

Replies (1)
both of subsidiary py should have to mention.
in case subsy co is a foreign co. format should be followed as per schedule III


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