Consolidation of accounts for private limited companies

ABHISEK TOSNIWAL , Last updated: 13 May 2015  
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It is believed that to get correct picture of financials of a business, the financials of the subsidiaries joint ventures of the company should be analyzed together. On this premise the concept of consolidation of accounts is devised is the part of GAAP. In the previous companies Act, there was no

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ABHISEK TOSNIWAL
(CA in Practice)
Category Accounts   Report

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sona
15 May 2015 sona

Point a. is not clear to me...what is intermediate wholly owned subsidiary ?


Gowtham
13 May 2015 Gowtham

Can u give me the citation for that we need not prepare CFS for Associates? When did they brought forth this amendment?


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