Procedure for preparation of consolidated financial statements and analysis of key indicators

Abstract

Consolidated financial statements are the main source of financial information about the company's activities. The relevance of the study is due to the constant interest of various groups of stakeholders in the company's reporting. Theтstudy examines the content, features and analysis of the main indicators of the consolidated financial statements. Based on the results, it is recommended to form a international standard for the preparation of consolidated financial statements, which includes the principles of IFRS, and, at the same time, takes into account the international instruments used in practice.

The purpose of the dissertation work is to identify problems related to the preparation of consolidated financial statements, problems of financial and economic activities of the considered JSC, as well as the development of proposals for their elimination. Consolidated financial statements are prepared for the purpose of providing interested users with transparent and reliable information on the property, financial position and results of financial and economic activities of groups of companies