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Operating Budget20142015Central Michigan University Consolidated Operating and Deferred Maintenance Budget Table of Contents I. Consolidated Budget A. Consolidated Operating Budget Narrative .........................................................................................................................
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01
To fill out the consolidated operating and deferred, follow these steps:
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Gather all the necessary financial statements of the individual entities that are included in the consolidation.
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Identify and understand the specific line items or accounts that are required to be consolidated in the operating and deferred statements.
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Summarize and combine the corresponding line items from each entity's financial statements into a single consolidated statement.
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Ensure that all necessary adjustments, eliminations, and consolidating entries are made to accurately reflect the consolidated financial position and performance.
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Review and analyze the consolidated operating and deferred statements for any errors or discrepancies.
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Finally, present the consolidated operating and deferred statements in a clear and concise format for stakeholders or regulatory purposes.

Who needs consolidated operating and deferred?

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Consolidated operating and deferred statements are typically needed by:
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- Large corporations that have subsidiaries or affiliated entities that need to be combined for reporting purposes.
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- Financial analysts or investors who want a comprehensive view of a group of entities' financial performance and position.
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- Regulatory bodies or government agencies that require consolidated financial statements for compliance and oversight.
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- Internal management teams who need consolidated statements to evaluate the overall financial health and performance of the organization as a whole.
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Consolidated operating and deferred refers to the combination of operating income and deferred revenue or expenses.
Companies with multiple subsidiaries or divisions are required to file consolidated operating and deferred.
Consolidated operating and deferred can be filled out by compiling the financial information from all subsidiary companies and calculating the combined operating income and deferred items.
The purpose of consolidated operating and deferred is to provide a comprehensive view of the financial performance and obligations of a company and its subsidiaries.
Information such as operating income, deferred revenue, and deferred expenses must be reported on consolidated operating and deferred.
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