Consolidated groups (or groups of companies) are the reflection of the actual business environments. Setting up groups of companies is a common phenomenon, implemented at large scales in all business fields. That is why the top of the iceberg for developed economies is made out of the world’s largest industrial, commercial, and financial groups – created either on a single business area or by a composite manner. Also, even if we frequently see large groups being setup by large companies, nowadays the small and medium-sized enterprises (SMEs) have also adopted this business structure.
The book „Consolidated Accounting” aims at presenting those modern aspects of accounting policies and procedures pertaining to groups of companies and consolidated accounts. This scenario will essentially include regulatory issues, methodological aspects, and especially case studies. The readers will find this monograph as an assembly of methods, techniques, procedures for consolidated accounts. The many case studies presented herein, valorizing consolidation methods, are built in the spirit of the international accounting standards (IAS/IFRS).