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COLUMBIA SUBWAY REGIONAL DISTRICT PROCEDURES BYLAW NO. 566 CONSOLIDATED FOR CONVENIENCE ONLY WITH BYLAW NO. 5661 BYLAW NO. 5662 APRIL 29, 2005, COLUMBIA SUBWAY REGIONAL DISTRICT BYLAW NO. 566 A Bylaw
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Consolidated for convenience only is a reporting method in which subsidiaries are combined into one set of financial statements for the convenience of the parent company.
Companies that have subsidiaries and want to present their financial information in a simplified manner may choose to file consolidated for convenience only.
To fill out consolidated for convenience only, the parent company needs to aggregate the financial information of its subsidiaries into one comprehensive set of financial statements.
The purpose of filing consolidated for convenience only is to provide a simplified view of the financial performance of a group of companies under common control.
On consolidated for convenience only, companies must report revenue, expenses, assets, liabilities, and other financial data of the subsidiaries.
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