Consolidation

1. Financial accounting.

The process of combining financial information about two or more related entities for presentation in a single set of consolidated financial statements.

2. Law.

The process of combining two or more Acts of Parliament into a single Act.

3. More generally, the process of combining one or more things into a single thing, and of making appropriate related changes.

See also

• Acquisition accounting
• Cash pool
• Codification
• Data exchange
• Equity accounting
• Equity method
• Group accounts
• IFRS 10
• Proportionate consolidation
• Royal assent
• CertICM
• Statute