consolidation of accounts
1consolidation — I noun affiliation, aggregation, amalgamation, assemblage, association, centralization, coadunation, combination, compact, confederation, conjunction, conjuncture, consortium, federation, fusion, incorporation, integration, junction, league,… …
2consolidation — The combining of two or more firms to form an entirely new entity. Bloomberg Financial Dictionary A procedure whereby a number of small consignments are loaded together to form a single, larger consignment. This must be carried out as part of a… …
3Consolidation — The combining of two or more firms to form an entirely new entity. The New York Times Financial Glossary * * * consolidation con‧sol‧i‧da‧tion [kənˌsɒlˈdeɪʆn ǁ ˌsɑːl ] noun [countable, uncountable] 1. ECONOMICS when companies combine in… …
4Consolidation of Sweden — Approximate borders of Sweden in the 12th century before the incorporation of Finland during the 13th century. Blue and yellow represents the Geats and Suiones tribes; their unification marks the consolidation of Sweden (in one commonly held… …
5Consolidation (business) — For other uses, see Amalgamation (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · …
6consolidation adjustments — Adjustments that need to be made in the process of the consolidation of the accounts of a group of organizations. If there have been intra group transactions, such as sales from one subsidiary company to another, any profits or losses resulting… …
7Public Accounts Committee (United Kingdom) — The Public Accounts Committee (PAC) (strictly, the Committee of Public Accounts) is a select committee of the British House of Commons. It is responsible for overseeing government expenditures to ensure they are effective and honest. The PAC is… …
8exclusion of subsidiaries from consolidation — Subsidiary undertakings may be excluded from consolidation on the following grounds: (1) an individual subsidiary may be excluded from consolidation if its inclusion is not material for the purpose of giving a true and fair view; (2) an… …
9proportional consolidation — A method of consolidation used in group accounts in which subsidiaries are not fully owned; a proportionate share of each category of a joint venture s revenue, expenditure, assets, and liabilities is included line by line. This is a complex and… …
10full consolidation — The method of accounting in which the whole impact of subsidiaries is incorporated into group accounts (see consolidated financial statements). If a subsidiary undertaking is less than 100% owned, the percentage pertaining to the minority… …
