Consolidated statement is a consolidated statement, which refers to a financial statement compiled by the parent company, including the relevant data of accounting statements of all holding subsidiaries, and reflecting the overall financial position, operating results and cash flow of the enterprise group formed by the parent company and all its subsidiaries.

What are the consolidation ranges of consolidated reports?

The scope of consolidated statements includes: the parent company directly owns more than half of the equity of the invested enterprise; The parent company indirectly owns or controls more than half of the equity of the invested enterprise; The parent company directly or indirectly owns or controls more than half of the equity of the invested enterprise.

The following investee units are not subsidiaries of the parent company and should not be included in the consolidated financial statements of the parent company: atomic companies that have been declared bankrupt; Atomic companies that have been declared to clean up and rectify; Other invested units beyond the control of the parent company.

Consolidated accounting statements include consolidated balance sheet, income statement, cash flow statement, statement of changes in owners' equity and notes.

What is the preparation method of the company's consolidated financial statements?

1. Set up consolidated working papers to provide basic information for preparing consolidated financial statements;

2. Input the individual financial statement data into the consolidation working paper, input the individual financial statement data of the parent company and subsidiary companies included in the consolidation scope into the consolidation working paper, and add the individual financial statement data of the parent company and subsidiary companies in the consolidation working paper to calculate the total amount of individual financial statements;

3. Prepare adjustment entries and offset entries, adjust the influence of differences in accounting policies and measurement basis on individual financial statements, and offset or adjust the repetitive factors in the total data of individual financial statements;

4. Calculate the consolidated amount of each item in the consolidated financial statements, and calculate the consolidated amount of each asset item, liability item, owner's equity item, income item and expense item in the consolidated financial statements on the basis of the total amount of individual financial statement items of the parent company and subsidiaries within the scope of consolidation;

5. Finally, fill in the consolidated financial statements.

What is the function of consolidated statements?

1. Consolidated accounting statements can provide external accounting information reflecting the overall operation of enterprise groups composed of parent and subsidiary companies;

2. To a certain extent, consolidated accounting statements can help to prevent some enterprise groups from using internal holding relationships to artificially whitewash accounting statements.