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  2. Consolidated financial statement - Wikipedia

    en.wikipedia.org/wiki/Consolidated_financial...

    A consolidated financial statement (CFS) is the "financial statement of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity", according to the definitions stated in International Accounting Standard 27, "Consolidated and separate financial statements", and International ...

  3. FIN 46 - Wikipedia

    en.wikipedia.org/wiki/FIN_46

    FIN 46, Consolidation of Variable Interest Entities, was an interpretation of United States Generally Accepted Accounting Principles (U.S. GAAP) published on January 17, 2003 by the U.S. Financial Accounting Standards Board (FASB) [1] that made it more difficult to remove assets and liabilities from a company's balance sheet if the company retained an economic exposure to the assets and ...

  4. Balance sheet - Wikipedia

    en.wikipedia.org/wiki/Balance_sheet

    In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

  5. What Is a Business Valuation, and How Do You Calculate It? - AOL

    www.aol.com/finance/business-valuation-calculate...

    "Financial projections encompass several essential components that contribute to a comprehensive evaluation of a business," wrote Equitest, a valuation platform. "These components include revenue ...

  6. How to consolidate business debt

    www.aol.com/finance/consolidate-business-debt...

    Below are several steps you can take to obtain a commercial debt consolidation loan: Calculate how much debt you owe. The first step to consolidating business debt is to calculate the total debt ...

  7. Financial statement - Wikipedia

    en.wikipedia.org/wiki/Financial_statement

    Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand. They typically include four basic financial statements accompanied by a management ...

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