Playing now

What is a consolidated financial statement?

View our full Glossary of accounting & payroll terms

Glossary definition

What is a consolidated financial statement?

A consolidated financial statement presents the financial statements of a parent (company) and its subsidiaries presented as a single economic entity.

Subscribe to our Sage Advice Newsletter

Get our latest business advice delivered directly to your inbox.

Search

See this term in action

March 20, 2025 6 min read

General journal vs general ledger: What’s the difference?

March 19, 2025 10 min read

Strategic budgeting explained: the finance team’s role in long-term planning

March 17, 2025 9 min read

Nonprofit financial management best practice and tips

Products

By business size

By industry

By business need

Partners

Categories

Industry

Business type

Free guides & templates

Subscribe to our Sage Advice Newsletter

Subscribe

Join Sage

What is a consolidated financial statement?

Subscribe to our Sage Advice Newsletter

Related topics

Search

See this term in action

Learn more about this definition and others

Featured reading

Subscribe

Join Sage