Consolidated financial statement
(redirected from Conglomerate Financial Statements)Consolidated financial statement
A financial statement that shows all the assets, liabilities, and operating accounts of a parent company and its subsidiaries.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Consolidated Financial Statement
A financial statement that combines the assets and liabilities of a parent company and its subsidiaries. A consolidated financial statement presents an aggregated picture of the whole corporation, rather than its individual parts.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved