Examlex
A count of how many times a value and all values below it appears in a variable is the cumulative frequency.
Single Economic Entity
A concept where a parent company and its subsidiaries are presented as one reporting entity in consolidated financial statements, ignoring the legal boundary that separates them.
AASB 10/IFRS 10
An Australian/international financial reporting standard that establishes principles for the presentation and preparation of consolidated financial statements when an entity controls one or more other entities.
Consolidated Financial Statements
Financial statements that show the financial position and results of operations for a parent company and its subsidiaries as one economic entity.
Elements of Control
Factors or conditions that grant an entity the power to govern the financial and operating policies of another entity, typically to benefit from its activities.
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