Last edited 28 Mar 2022

Consolidated accounts

The glossary of statistical terms, published by the Organisation for Economic Co-operation and Development (OECD), defines consolidated accounts as: ‘Those accounts which are drawn up to reflect the affairs of a group of entities. For example, a ministry or holding company with many different operating agencies subsidiary companies may prepare consolidated accounts reflecting the affairs of the organisation as a whole, as well as accounts for each operating agency/subsidiary.’

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