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Consolidated financial statements

Accountancy

If a company has only Associates and no subsidiary companies then is it required to prepare consolidated financial statements? Or to prepare consolidated financial statements having a subsidiary is prime criteria.

SUBODH M JAIN

SUBODH M JAIN

CA Final

★ 2K+

27-Mar-24 15:01

189

Answers (1)

Best Answer

If only associates then consolidated FS is not required.

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

28-Mar-24 14:05

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