[vc_row][vc_column][vc_custom_heading text=”Preparation Group \/ Consolidated Accounts” font_container=”tag:h1|font_size:36|text_align:left|line_height:1.3″ use_theme_fonts=”yes”]
Package available Fee (SGD)<\/strong><\/td>\n| Fee (SGD)<\/strong><\/td>\n<\/tr>\n | Preparation of Consolidated Accounts (inclusive of Unaudited Group Financial Statement)<\/td>\n | From $1,200<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n | [\/vc_column_text] <\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading text=”Preparation Group \/ Consolidated Accounts” font_container=”tag:h2|font_size:24|text_align:left|line_height:1.3″ google_fonts=”font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal”] <\/div>[vc_column_text]A Group or Consolidated financial statement is a aggregated of financial results for all related entities, as well as for the original company assets, excluding the % owned by other minority shareholders (if the subsidiary company is not 100% owned by the Parent Company). Any inter-company sale and purchase transactions would also have to be eliminated at the Group Account level.<\/p>\n When a parent company acquires or set-up a company to create a subsidiary, the subsidiary maintains its own separate accounting records. However, the parent company controls the subsidiary (through its representation on at the Board level), and the subsidiary takes directives from the Parent company. As a result, the parent company will consolidate financial statements to present its own financial operations, plus those of all its subsidiaries underneath.[\/vc_column_text] <\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading text=”How Timcole can Help You” font_container=”tag:h2|font_size:24|text_align:left|line_height:1.3″ google_fonts=”font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal”] |