Consolidated global reporting is an operational requirement of a global information system (gis) that includes accounting and financial data, manufacturing updates, inventory, and so forth.
Reporting is the presentation of news in newspapers, radio and television. ... honest and impartial political reporting. Synonyms: journalism, writing, announcement, news broadcast A financial statement of an economic entity that presents the assets, liabilities, net worth, income, expenses, and cash flows of a controlling company and its controlling company as a single economic entity.
According to International, consolidated financial statements are "group financial statements presenting the assets, liabilities, equity, income, expenses and cash flows of a parent company and its subsidiaries as those of a single economic entity." Accounting Standard No. 27 “Consolidated and Separate Financial Statements” and International Financial Reporting Standard No. 10 “Consolidated Financial Statements”.
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