Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Financial statements are vital for businesses, from international corporations down to limited liability companies. These statements give investors an in-depth, accurate picture of a business’s ...

If your company has several divisions or wholly owned subsidiaries, consolidating financial statements from all of them gives you a complete picture of the parent company's financial health. You can ...

The Obama administration’s procedures for preparing the government’s annual consolidated financial statement suffer from “control deficiencies” that contribute to material weaknesses in ...

If your company holds substantial ownership interests in other businesses, you might need to prepare consolidated financial statements that combine the profits, losses and other financial activities ...

The government’s annual consolidated financial statement prepared by the Treasury Department lacks adequate internal controls and documentation on the conclusions of managers about the nation’s fiscal ...

Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. A combined statement includes information on a customer's various retail banking accounts onto a single periodic ...

The consolidated financial statement of the Roman Curia for 2020 revealed better-than-expected results even though the overall situation is still quite difficult, the prefect for the Secretariat for ...