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Related Definitions
Consolidated financial statement Consolidated financial statement is a corporate financial statement in which accounts of subsidiaries and the parent are added together to produce ...
Consolidated financial statements When a company owns more than 50% of the common stock of another company, it usually prepares consolidated financial statements. These statements present...
Pro forma Financial Statements Pro forma financial statements are projections for future periods based on forecasts and are typically completed for two to three years in the future.
Financial statement Financial statement is a written report that quantitatively describes a firm’s financial health. The income statement, the balance sheet, and the statement of...
Pro forma Financial Statements The pro forma (or projected) financial statements are the heart of the financial section of a business plan. Pro forma financial statements are projections for...