Interest of minority shareholders in consolidated financial statements

Abstract

The consolidated financial statements present information on the operations of the group of companies as a single economic reporting entity. Bearing in mind the objective of consolidated financial statements, in the paper is presented theoretical framework and requirements of normative regulatory framework. Consolidated financial statements are presented in the perspective of minority shareholders, so in the paper is discussed their characteristics, treatment and recognition of interest. A detailed analysis of the character and regularities in the business of minority shareholders requires a more comprehensive insight into the factors, circumstances and particularities inherent to the operations of each individual group of companies.

Keywords

• consolidated financial statements
• minority shareholders