IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v05(534)(supplement)y2009i05(534)(supplement)p143-148.html
   My bibliography  Save this article

The Relevance Of Consolidating The Financial Statements Within The Group Of Companies' Decision-Making Process

Author

Listed:
  • Iulia David-Sobolevschi

    (Bucharest Academy of Economic Studies)

  • Monica Petcu

    (Bucharest Academy of Economic Studies)

Abstract

Knowing the individual data presented in the annual financial statements of companies that are included in the group, is not sufficient in order to provide the necessary information for various users, regardless of their nature (shareholders or partners, potential investors, banking system, etc.). The purpose of the consolidated financial statements is to issue complementary, relevant, and objective information referring to the overall entity. Thus, one can identify the specific indicators which characterize performance and the financial position that are useful in the decision-making process concerning the establishment and the allocation of the capital on the groups of companies.

Suggested Citation

  • Iulia David-Sobolevschi & Monica Petcu, 2009. "The Relevance Of Consolidating The Financial Statements Within The Group Of Companies' Decision-Making Process," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 5(05(534)(s), pages 143-148, May.
    • Handle: RePEc:agr:journl:v:05(534)(supplement):y:2009:i:05(534)(supplement):p:143-148
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/suplimente/Simpozion-29-31.05.2009_en.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:05(534)(supplement):y:2009:i:05(534)(supplement):p:143-148. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.