Difference between STANDALONE and CONSOLIDATED financial statements

Detailed explanation and comparision of standalone and consolidated financial statements. Consolidated vs standalone financial statements. which financial statement should we use.
In this video you will get all answers related to consolidated and standalone financial statements.
The main difference between consolidated and stand-alone financial statements is that the consolidated form reports all activities of a company and its subsidiaries as a combined entity, while standalone financial statements report these findings as a separate entity.




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