Consolidated Balance Sheet


Also found in: Financial, Acronyms.

Consolidated Balance Sheet

 

an accounting ledger used to summarize and check the total in bookkeeping accounts. Consolidated balance sheets are compiled for the accounts of synthetic and analytic accounting, and the totals obtained by both methods must agree. The consolidated balance sheet for synthetic accounting has indexes of debit and credit turnovers for the report period and balances for the beginning and end of the period. A paired comparison of totals confirms the correctness of entries in the bookkeeping accounts. In mechanized accounting, consolidated balance sheets are printed out in tabular form. The variant known as a matrix of balance sheet contains more detailed information and shows interrelationships.

References in periodicals archive ?
The deal creates one company with a consolidated balance sheet and one board of directors but two income statements--one for its common stock and the other for its tracking stock.
The consolidated balance sheet for the first quarter of 2006 reflects certain expected adjustments to the 2005 consolidated balance sheet made in connection with the audit.
The restatement includes a separate line item on the consolidated balance sheet for the accounts payable related to its floor plan financing agreements which had previously been included in accounts payable-trade, and a restatement of payments made by the Company's floor plan facility to its suppliers from cash flows provided by operating activities to cash flows provided by financing activities.
Adoption of the income statement and the balance sheet and the consolidated income statement and the consolidated balance sheet
As a result of a file conversion error, the Consolidated Balance Sheet and Consolidated Profit and Loss Statement were missing the lower section of each page.
However, the Company's consolidated balance sheet and statement of cash flows were restated to reflect the restated net loss and revisions to certain balance sheet accounts.
Summary: The consolidated balance sheets of financial institutions operating in Lebanon rose by LL30.
The financial statements expected to be restated are the consolidated balance sheets as of March 31, 2006 and 2005 and the consolidated statements of operations, stockholders' equity and comprehensive income (loss), and cash flows for each of the years in the three year period ended March 31, 2006.
The Partnership's consolidated statements of operations and consolidated balance sheets as of and for the three months ended March 31, 2006 and as of and for the three and six months ended June 30, 2006 should no longer be relied upon.

Full browser ?