Consolidated Financial Reporting

The book grounds consolidation procedures within a clearly structured technical and conceptual framework which stresses the development of intuitive understanding, and within the context of contemporary accounting theory and practice. Within this framework controversial areas and debates about group accounting are addressed and the evidence examined. The book also provides ample coverage of areas which are normally only cursorily covered in most professional texts on consolidation, such as consolidated cash flow statements, statements of total recognised gains and losses, foreign currency translation and segmental reporting