Consolidation
From ACT Wiki
1. Financial accounting. The process of combining financial information about two or more related entities for presentation in a single set of consolidated financial statements.
2. UK Law. The process of combining two or more Acts of Parliament into a single Act.
3. More generally, the process of combining one or more things into a single thing, and of making appropriate related changes.
See also
- Acquisition accounting
- Cash pool
- Codification
- Data exchange
- Equity accounting
- Equity method
- Group accounts
- Proportionate consolidation
- Royal assent
- Statute