The consolidated accounting statement is the parent company of an independent legal person. In order to reflect the overall financial situation, operating results and cash flow of the enterprise group, consolidated accounting statements are prepared at the end of the period based on the financial statements of the parent company and subsidiaries, and according to other relevant information, after adjusting the long-term equity investment in subsidiaries according to the equity method.
However, the consolidation method used between the total internal scores of the same legal person is different from the consolidated report, which is more similar to the summary report. It is a simple mathematical superposition summary of several separate financial statement data, and the method is relatively simple.
Non-merger means that the statement is untrue and involves fraud.
Extended data:
Financial statements are accounting statements that reflect the capital and profits of enterprises or budget units in a certain period.
The types, formats and reporting requirements of China's financial statements are stipulated by a unified accounting system, requiring enterprises to report regularly.
Financial statements include balance sheet, income statement, cash flow statement or statement of changes in financial position, schedules and notes. Financial statements are the main part of financial reports, excluding directors' reports, management analysis and financial statements, which are included in financial reports or annual reports.
References:
Baidu Encyclopedia-Financial Statements