Management of a group of companies in the fields of: accounting, reporting and control

Abstract

The authors characterize the features of the consolidated financial statements as an independent source of additional information that expands the concept of reporting, the essence of accounting principles, form the role of unified accounting. The consolidated financial statement show assets, liabilities, capital of the parent (holding) company, uncontrolled participation in shares, income, expenses, cash flows from transactions with third parties. Reporting is considered as a category to which the Group has an access. Such reporting is an important part of the group report.