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2015 IL App (1st) 133713U FIFTH DIVISION September 25, 2015, Nos. 1133713, 1142373 (Consolidated) NOTICE: This order was filed under Supreme Court Rule 23 and may not be cited as precedent by any

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1-13-3713 1-14-2373 consolidated refers to the combination of financial statements of two companies into one single financial statement.

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Companies that have a controlling interest or significant influence over another company are required to file 1-13-3713 1-14-2373 consolidated financial statements.

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To fill out 1-13-3713 1-14-2373 consolidated financial statements, companies need to combine the financial information of the two entities following specific accounting guidelines.

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The purpose of 1-13-3713 1-14-2373 consolidated financial statements is to provide a more comprehensive view of the financial position and performance of the combined entities.

What information must be reported on 1-13-3713 1-14-2373 consolidated?

The consolidated financial statements should include the assets, liabilities, equity, revenue, and expenses of both companies.

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