COMBINED FINANCIAL STATEMENT Definition

Bookmark and Share

COMBINED FINANCIAL STATEMENT is a financial statement that merges the assets, liabilities, net worth, and operating figures of two or more affiliated companies. A combined statement is distinguished from a consolidated financial statement of a company and subsidiaries, which must reconcile investment and capital accounts.

Learn new Accounting Terms

ACCOUNTING PACKAGE/SOFTWARE, usually, is a commercially available software program or suite that, with little customization, will satisfy the accounting system needs of the purchasing entity.

ASSESSED VALUE is the estimated value of property used for tax purposes.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.