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EFFECT OF INTEGRATED FINANCIAL MANAGEMENT INFORMATION SYSTEM ON PUBLIC EXPENDITURE MANAGEMENT IN Kenya BONIFACE TONGA OVERMASTERS OF COMMERCE IN FINANCE AND ECONOMICS CCA UNIVERSITY2017EFFECT OF INTEGRATED
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Gather all the necessary financial data and information.
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Integrated financial statements combine the financial information of a parent company with that of its subsidiaries. This provides a consolidated view of the financial health and performance of the overall business.
Companies that have subsidiaries or related entities are required to file integrated financial statements.
Integrated financial statements can be filled out by combining the financial data of the parent company and its subsidiaries, following the accounting standards and guidelines.
The purpose of integrated financial statements is to provide a comprehensive view of the financial position, performance, and cash flows of the entire group of companies.
Integrated financial statements must include the financial data of the parent company and its subsidiaries, along with any eliminations of intercompany transactions.
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