Learn about consolidated financial statements, the criteria for aggregation, reporting guidelines, and practical examples for parent companies with subsidiaries.

AMONG ENRON’S PROBLEMS WAS ITS USE of variable interest entities, which allowed it to leave significant amounts of debt off its balance sheet. In response to concern about this practice, FASB issued ...

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It’s slow and it will take time, but the managed account platform sector’s shift towards consolidation is sure to come, according to recent findings from Cerulli. According to Cerulli’s new report on ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And on the surface, consolidating your debt sounds like a win. After all ...

Welcome back to "Ask an Advisor," the advice column where real financial professionals answer questions from real people. The topic can be anything in the world of finance, from retirement to taxes to ...

Bankruptcy is a legal process that aims to provide a fresh start by eliminating eligible debts. It involves a court-approved procedure that discharges debts and provides immediate relief from creditor ...

Learn about proportional consolidation, a former joint ventures accounting method replaced by the IFRS to streamline global financial reporting.

Debt consolidation is when you take out one loan and use it to pay off other debts that you have, leaving you with one monthly payment and interest rate. This can help you manage your debt more ...

With changing market dynamics and reimbursement formulas, health systems are continuing to grow and evolve to meet today’s demands. Consolidation strategies continue to be a popular way for health ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...