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New York State Consolidated Fiscal Reporting Interagency Committee May 12, 2014, Dear Fiscal Officer: The Office of Alcoholism and Substance Abuse Services (OASIS), the Office of Mental Health (OH),
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What is consolidated fiscal reporting?
Consolidated fiscal reporting is a method of combining the financial information of multiple related entities into one comprehensive report.
Who is required to file consolidated fiscal reporting?
Typically, corporations with multiple subsidiaries or affiliated entities are required to file consolidated fiscal reporting.
How to fill out consolidated fiscal reporting?
Consolidated fiscal reporting is usually filled out by combining the financial statements of the parent company with those of its subsidiaries or affiliated entities.
What is the purpose of consolidated fiscal reporting?
The purpose of consolidated fiscal reporting is to provide a more accurate picture of the overall financial health and performance of a group of related entities.
What information must be reported on consolidated fiscal reporting?
Typically, consolidated fiscal reporting includes consolidated balance sheets, income statements, cash flow statements, and any other relevant financial information.
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