Please explain in your own words, the importance of Group to have consolidated FS that consist...

Please explain in your own words, the importance of Group to have consolidated FS that consist of Balance Sheet, Profit & Loss, Consolidated Equity & Retained Earnings, and Cash Flow.

What is the advantage of having to consolidate instead of business combinations only?

If you were an investor in a Group company, what kind of financial highlights would you expect from a consolidated financial statement that consists of the above (BS, P&L, Equity, and CF)? Please give example.

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ekkarill92 answered 2 years ago

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Please explain in your own words, the importance of Group to have consolidated FS that consist...

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