The relevance and basic accounting aspects of the consolidated financial statements

Stanislav Volodymyrovych Sirenko, Kostyantyn Oleksandrovych Yarovyy


The economic substance of the consolidated financial statements is denoted. A classification of the consolidation procedures equity and liabilities group of related entities is proposed. The analysis of different methods of accounting for financial investments of the parent company is provided. Essence of basic approaches of drafting of the consolidated financial reporting of enterprises is exposed. The basic registration aspects of the jointly controlled companies are considered. The methods of decision of problem of estimation of acquisition cost of mark goodwill are determined.The circle of problems related to the registration mechanism of drafting and presentation of the consolidated financial reporting is analysed. Methodology of classification of procedures of consolidation of capital is considered. The obligations of group of associate enterprises is exposed and qualificatory distinctions mark in methodologies of drafting of the consolidated accounting are outlined. Basic factors that can influence procedures of consolidation of capitals are distinguished. The algorithm of calculation and account is shown in the consolidated financial reporting of income.


consolidated financial statements; financial investments; parent company; subsidiary; goodwill; a joint venture

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Science Works Journal "Ekonomichnyy analiz"

ISSN 1993-0259 (Print)  ISSN 2219-4649 (Online) DOI: 10.35774/econa

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