Why consolidated financial statements are useful to the user

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Reference no: EM132797190

Problem 1: Financial Statements are a very important means of financial communication. Identify the relevant components of the primary financial statements through which financial objectives are communicated.

Problem 2: Explain why consolidated financial statements are useful to the users of financial statements (as opposed to just the parent company's separate (entity) financial statements.

Reference no: EM132797190

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