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CITY AND COUNTY OF SAN FRANCISCO OFFICE OF THE CONTROLLER Ben Rosenfeld Controller Monique Mud Deputy ControllerAUDIT FOLLOWUP MEMORANDUM DATE:April 13, 2010TO:John Martin, Airport DirectorFROM:Tonia

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What is consolidated budget and annual?

Consolidated budget and annual is a financial report that combines the budgets and financial statements of multiple entities within a group.

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Entities that are part of a group of companies or organizations are required to file consolidated budget and annual.

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Consolidated budget and annual can be filled out by compiling the financial information of all entities within the group and preparing a combined report.

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Information such as revenues, expenses, assets, liabilities, and equity of all entities within the group must be reported on consolidated budget and annual.

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