A Company prepares financial statements to indicate the performance and position of assets and liabilities and cash flows. The financial statements are prepared at each legal entity level not only from accounting perspective but also regulatory and company law requirements.
source https://www.caclubindia.com/articles/consolidated-financial-statements-part-1-45008.asp
source https://www.caclubindia.com/articles/consolidated-financial-statements-part-1-45008.asp
Post a Comment
Please drop your feedback, suggestions, query or feedback