Aspects on Consolidated Financial Statements
Author:
Adriana Claudiţa GHIMIŞ, Ph. D. Student
JEL:
M 41
DOI:
Keywords:
consolidated financial statements, specific group concepts, control, group, consolidation perimeter, commercial fund, interests that not control, society, accounting policies applicable, controversies
Abstract:
The consolidated financial statements have always represented a source of divergence and convergence, without finding solutions till now. In this demarche remains open the option regarding concepts that underline preparation of the group financial statements, and on their basis the selection and application of accounting policies on consolidation. A comparative analysis of the preparation of these concepts on international and national levels supposes a highlight of similarities and differences between them, and the possibilities of inclusion within their scheme of other elements as well, which, by their nature, could complete the game on the table of consolidation.