The accounts of the Group which include the accounts of the parent company and its subsidiaries.
The consolidated financial statements which present financial information for the group as a single economic entity, prepared using a process of adjusting and combining financial information from the individual financial statements of a parent undertaking and its subsidiary undertakings (FRS 2).
Financial statements prepared for a group as a whole.... more on: Consolidated accounts
bringing together the results of subsidiary companies into the group company accounts.
Also known as group accounts. The financial statements of a group of companies have been consolidated into one set of statements. A group consists of a holding company and subsidiaries.
parent's and subsidiary companies financial statements of a group presented as those of a single economic unit
(go to top) The accounts of a group of companies or subsidiaries which are amalgamated to give an overall financial picture.
Where a parent company owns more than 50% of other companies, these subsidiaries' accounts must be consolidated with the group income statement and balance sheet.
Consolidated accounts are the financial statements of a group of companies – aggregated to show the overall financial results and position of the group.
A statement showing the overall financial condition of a holding or parent Company together with its subsidiaries. A number of items shown on the individual Company accounts (e.g. inter‑Company loans) disappear on consolidation, other items are netted off.
