Terms Beginning With 'u'

Unconsolidated Subsidiary

  • January 15, 2020
  • Team Kalkine

An unconsolidated subsidiary is a subsidiary whose financial statements are not incorporated in the consolidated financial statements of its parent firm and hence accounted differently. Simply put, on the parent entity’s financials, the financial statements of an unconsolidated subsidiary’s are listed as an investment on the parent entity’s financials. The unconsolidated subsidiary accounts its balance sheets, 10-K statements and other relevant information separately.

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