Publication: Preliminary procedures and characteristics underlying the application of consolidation techniques
Date
Journal Title
Journal ISSN
Volume Title
Publisher
ASEM
Abstract
Description
CURAGĂU, Natalia, CUȘMĂUNSĂ, Rodica, ȚUGULSCHI, Iuliana. Preliminary procedures and characteristics underlying the application of consolidation techniques = Proceduri preliminare și caracteristici ce stau la baza aplicării tehnicilor de consolidare. In: Competitiveness and Innovation in the Knowledge Economy [online]: 26th International Scientific Conference: Conference Proceeding, September 23-24, 2022. Chişinău: ASEM, 2022, pp. 251-258. ISBN 978-9975-3590-6-1 (PDF).
The need to form financial and industrial groups in the Republic of Moldova was determined by the development of market relations, large-scale privatization, structural changes in production, the predominance of international trade over domestic production, etc. Consolidation is a technique that allows the presentation of unified information for groups of organizations that are legally independent but financially connected or dependent on a common decision-making center. This procedure allows you to present the financial statements, overall results, economic benefits of these economic units, as for a single entity. CZU: 657.375.6(478); JEL: M41; DOI: https://doi.org/10.53486/cike2022.30
The need to form financial and industrial groups in the Republic of Moldova was determined by the development of market relations, large-scale privatization, structural changes in production, the predominance of international trade over domestic production, etc. Consolidation is a technique that allows the presentation of unified information for groups of organizations that are legally independent but financially connected or dependent on a common decision-making center. This procedure allows you to present the financial statements, overall results, economic benefits of these economic units, as for a single entity. CZU: 657.375.6(478); JEL: M41; DOI: https://doi.org/10.53486/cike2022.30
Keywords
consolidated financial statements, consolidation techniques, set of indicators of controlled companies, investors, economic globalization tool, industrial financial group, intergroup economic transactions