Peculiarities of Consolidating Financial Statements of Group Companies

Abstract

In the current conditions of Ukraine’s national economic development, there is an active formation of corporate groups operating in the form of associations, holding companies, concerns, and other enterprise groups. Such economic entities are characterized by the need to prepare consolidated financial statements, which differ significantly from the reporting of individual legal entities. These distinctions are evident in the structure of reporting indicators, consolidation methodology, and the specifics of information disclosure for users interested in a comprehensive assessment of the financial position of the enterprise group.