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What is the difference between a consolidated and non-consolidated balance sheet?
Wiki User
∙ 11y ago
It is very simple:
consolidated financial data: One a parent company posts/files its combined financials that is parent's data as well as subsidiaries data collectively (Summed) that is Consolidated Financials.
Non/Un-Consolidated Financials: When Parent company posts/files its financials separately that is stand alone financials of parent and side by side its subsidiaries data.
Wiki User
∙ 11y ago
Wiki User
∙ 10y agoConsolidated Balance sheet shows the financial position of parent as well as subsidiary companies
Non Consolidated balance sheet only show the financial position of one company either parent company or subsidiary company.
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Difference between balance sheet and consolidated balance sheet?
Simple balance sheet provides information of one single company only while consolidated balance sheet provides the information of parent as well as child company as a single financial statement.
Difference between standalone and consolidated results?
Consolidated results include the results of subsidiaries of a company.Thus Consolidated results give a better picture of value of a company.
What is the difference between consolidated and parent entities?
The main difference between consolidated and parent entities is that consolidated financial statements show the activities of the parent company and all of its subsidiaries. A stand alone, or parent financial statement, treats each subsidiary as a a separate entity.
What is the difference between balance sheet and worksheet?
There is a difference between: Worksheet and Balance Sheet
What is difference between worksheet and balance sheet?
There is a difference between: Worksheet and Balance Sheet
Difference between product modulator and balance modulator?
what is the difference between balance n product modulator
What is the different between condlidated balance sheet and acutal balance sheet?
Consolidated balance sheet shows the record of full group of companies while simple balance sheet shows the record of single company.
Difference between outstanding balance and Statement Balance?
speelling
What is the difference between contingent liability and off balance sheet liability?
There is no difference between Contingent Liability and Off Balance Sheet Liability.
What is the difference between Actual balance and Available balance?
Actual balance is the real balance while avialable balance is the physical balance
What does an auditor do if there is a material difference between an expected and actual balance?
However, if there is a material difference between the expected and actual balance, the auditor will investigate this difference further. At this point the auditor will develop an explanation for the difference.
What is the difference between the unadjusted trial balance and the adjusted trial balance?
The difference between adjusted and Un-adjusted trial balance is that in adjusted trial balance the items of balance sheet and income statement are randomly but in adjusted trial balance the items are in tabular form.
