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INDEPENDENT AUDITORS REPORT To the Members of Watercare Investment (India) Limited Report on the Audit of the Standalone Ind AS financial statements Opinion We have audited the standalone Ind AS financial
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Determine the entities that need to be consolidated.
02
Gather financial information from each entity, including balance sheets, income statements, and cash flow statements.
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Consolidated financial statements combine the financial results of a parent company and its subsidiaries into one comprehensive financial statement.
Companies with subsidiary companies are required to file consolidated financial statements.
Consolidated financial statements are typically filled out by combining the individual financial statements of the parent company and its subsidiaries.
The purpose of consolidated financial statements is to provide a holistic view of the financial health and performance of a group of companies.
Consolidated financial statements must include the financial information of the parent company and its subsidiaries, showing a combined view.
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