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Consolidation Working Papers
Documents used in preparing consolidated financial statements, detailing the adjustments and eliminations made.
Consolidated Financial Statements
Financial statements that present the financial position and results of operations for a group of companies as if they were a single economic entity.
Parent-Company Extension Method
An accounting method where the financial statements of the parent company include its investments in subsidiaries without consolidating their individual financial statements.
IFRS 3
An International Financial Reporting Standard that outlines the accounting requirements for business combinations.
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