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Last Update: FR Y-9C OMB Number 7100-0128 Approval expires March 31, 2014-Page 1 of 56 20130629.154500 RSS DID: Board of Governors of the Federal Reserve System 1132449 Consolidated Financial Statements
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01
Begin by gathering all the financial statements of your organization, including balance sheets, income statements, and cash flow statements.
02
Calculate the total assets of each subsidiary or division within your organization. This includes all tangible and intangible assets such as property, inventory, investments, and intellectual property.
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Sum up the total assets of each subsidiary or division to determine the consolidated assets of your organization.
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Include any eliminations or adjustments necessary to remove intercompany transactions or duplicate assets.
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Once you have calculated the total consolidated assets, record this figure on the appropriate section of your financial statements or reporting documents.

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Total consolidated assets refers to the combined value of assets owned by a company and its subsidiaries.
Companies and organizations required to submit financial statements are responsible for reporting total consolidated assets.
Total consolidated assets should be reported accurately following the guidelines provided by the relevant financial reporting standards.
The purpose of reporting total consolidated assets is to provide stakeholders with an understanding of the overall financial strength and value of the company.
Information such as cash, investments, property, and equipment must be included in total consolidated assets.
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