Meaning of “consolidated accounts” in the English Dictionary

business-english dictionary

"consolidated accounts" in Business English

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consolidated accountsnoun [ plural ]

uk us

ACCOUNTING a set of accounts that combines the financial results of a group of companies, rather than showing the results of each company separately:

At that time medium-sized groups were exempt from having to prepare consolidated accounts.

(Definition of “consolidated accounts” from the Cambridge Business English Dictionary © Cambridge University Press)