Consolidation
From ACT Wiki
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
