Consolidation adjustments

Accounting. One of the key stages in the preparation of consolidated group accounts, the other key stage preceding it being aggregation.

Aggregation is the adding up of the individual assets, liabilities and trading of each of the entities in the group. Consolidation adjustments then remove non-external amounts - such as intercompany trading and indebtedness - from the consolidated group figures.

See also

• Aggregation
• Consolidated group accounts
• Group accounts
• Internal trading