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Research a company that has had some consolidation with a foreign subsidiary and discuss whether that...

Research a company that has had some consolidation with a foreign subsidiary and discuss whether that association was beneficial for both parties and the outcome.

Reminder: Your initial posting should be 250-500 words

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Expert Solution

Morgan Stanley us based comoany have branches in india.

India is a countrg with huge population and resources . India is a good destination for doing business . So that associaton is good for that company.

Importance of preparing consolidation statements.

It would be difficult for an investor or financial analyst to gather all the accounting reports of a parent company and its many subsidiaries in order to get an idea of the financial health of the total enterprise. Therefore, parent companies are now required to report their finances on a consolidated basis. Occasionally the parent will make a separate report of its own finances, but that cannot stand alone and must be accompanied by the consolidated report.

The ultimate benefit of consolidated financial statements should be ease of understanding and analysis of a company's financial condition for investors, creditors, vendors and anyone else who needs to know how secure the company is.

jeff jeffy answered 1 hour ago
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