If a Company has a subsidiary only till 31st March and on the same day sells its shareholding to get away from having subsidiary company. Do the company still requires to maintain consolidated financial statement for that financial year ?
Who all are required to prepare consolidated financial statements?
Are the Consolidated Financial Statements required to be
attached with the Board’s report?
If we signed Standalone BS 0n Oct 2020 N CFS on 31.03.2021 & AGM is already held in Dec 2020 then in such case how can file AOC CFS ??
Any solution in these case?? Anyone please help
Standalone BS Date and CFS Balance Sheet can be different ?? Can it be after AGM?
How do we calculate the E.P.S in a Consolidated Balance Sheet. Do we have to take the Shareholding e.i the number of shareholders of Associate Company also as the Denominator. Supposing the Shareholding at the beginning and end of the year is same.
Relating to the other point relating to Related party transaction do we have to take the related party transaction of associate Co. also.
Kindly Enlighten on this issue.
The date on balance sheet and profit and loss account of 1 company, on STANDALONE and CONSOLIDATED can be different?
As per example for a private limited company, on stand alone financial statements is 03/09/2019 and on consolidated financial statement date can be 15/09/2019 or ON BOTH STANDALONE AND FINANCIAL STATEMENT DATE SHOULD BE SAME i.e. 15/09/2019.
Please help me in this regard.
Can any body provide Format of Auditor's Report on Consolidated Financial Statements for a Private Company, the updated one. As after going through the revised Auditing Standards applicable from the year ended 31.03.2019, the Auditor's Report on Consolidated Financial Statements for a Listed Company is available. What shall be followed for a private company?
A Pvt Ltd is a pvt company. It has one associate company i.e. B Ltd (Listed Company).
For A Pvt Ltd Indian As is not applicable.
For B Limited Indian AS is applicable.
So what treatment is to be given to consolidated financials?
In case consolidation is applicable for current financial year and not applicable for the previous year, then how to file consolidated XBRL instance document?Click here to view / answer Share it on
Compliance Calendar LLP is Recognised as Startup by DIPP Under Ministry of Commerce & Industry, Government of India