This is an important issue involving accounting standards and financial reporting. First of all, we must make clear what a liquidation subsidiary is. A liquidation subsidiary refers to a subsidiary that has decided to close and is undergoing liquidation procedures. These subsidiaries may need to be liquidated for various reasons, such as mismanagement, bankruptcy or other economic factors.
Then, should the liquidated subsidiaries be included in the consolidated statements? According to International Financial Reporting Standards (IFRS) and China's Accounting Standards for Business Enterprises, when preparing consolidated financial statements, the parent company should include all subsidiaries in the scope of consolidation. This means that even if the subsidiary is in liquidation, the parent company still needs to include it in the consolidated statement.
The reason for this is to ensure the integrity and accuracy of the consolidated statements. The purpose of consolidated statements is to provide investors, creditors and other stakeholders with the financial status, operating results and cash flow information of the whole enterprise group. If the liquidated subsidiaries are excluded from the scope of consolidation, the consolidated statements will not accurately reflect the actual situation of the enterprise group, and may mislead stakeholders to make wrong decisions.
However, it should be noted that the handling of consolidated statements by clearing subsidiaries may be different from that of normal operating subsidiaries. For example, the assets and liabilities of a liquidation subsidiary may need to be reclassified and adjusted to reflect its liquidation status. In addition, the income and expenses of the liquidated subsidiaries also need to be properly handled in accordance with the liquidation process.
To sum up, the liquidated subsidiaries should be included in the consolidated statements to ensure the integrity and accuracy of the consolidated statements. However, when dealing with the financial data of the liquidated subsidiary, it is necessary to make appropriate adjustments and processing according to the actual situation to reflect its liquidation status.
Legal basis:
The Accounting Standards for Business Enterprises No.33-Consolidated Financial Statements and its application guide clearly point out that "the parent company shall include all its subsidiaries in the scope of consolidation of consolidated financial statements. Regardless of the financial status, operating results and whether it is in bankruptcy proceedings, the parent company should include it in the scope of merger. "