ial and economic activities of a group of related companies, legally independent, but are in fact a single economic organism.need of the consolidated statement - elimination of selected indicators of enterprises in the group, in order to avoid double counting in the total (consolidated) report group., the consolidated accounts are prepared in one of the owner or for statistical generalization, and consolidated - for the owners of the jointly controlled assets.aim is to examine the theoretical aspects and study the order of the consolidated financial statements.objectives of the work are:
Consideration of the main components of the concept of the "consolidated financial statements";
Consideration of the principles of preparing consolidated financial statements and the legislative and legal support of the consolidated financial statements of the enterprise;
The study of the organization of accounting in the enterprise;
Consideration of the order of consolidated financial statements of the enterprise;
Consideration of consolidation procedures;
Consideration of the methods for primary consolidated accounts;
Development of recommendations for improving the consolidated financial statements.object of study is OJSC "Mashtorf."
1. Theoretical aspects of the concept and of consolidated financial statements
.1 MAIN COMPONENTS OF THE CONCEPT "consolidated financial statements"
In a market economy any commercial organization seeks to reap economic benefits. It is this goal orientation in the work is essential in business organization, it is recognized as the most important factor in terms of the conditions of formation of the financial resources of any organization, its financial capital.main source of useful (clear, transparent, credible, substantial, reliable) information should be the financial statements.consolidated financial statements is primarily associated with large transnational corporations (TNCs), whose shares are listed on stock exchanges and transactions are international. Numerous small and medium-sized companies in most cases exempt from creating it., The value of the consolidated financial statements is beyond the scope of purely informative, as it has very specific users - investors and shareholders. Intercompany transactions may create an unrealistic picture of the activity of a group of companies, its sales, accounts, inventory, financial results.statements present a more objective picture of operations and financial position of a single economic unit without replacing the separate financial statements of the companies, as it reflects its economic relationship. [15] can serve as controls for the parent company and affect its dividend policy. In some countries...
