Your company must own at least 50.1 percent of your subsidiary for it to be included in the consolidated financial statements. If your company jointly owns a subsidiary with another company and ...

Understand financial statement assertions and ... equity balances appearing on a company's financial statements exist as stated at the end of the accounting period the financial statement covers.

Find out what might be hidden in the often-overlooked footnotes in financial statements. They provide detail about a company's income statement and balance sheet.

What Is the Key Information in a Financial Statement?. ... High cash liquidity, meaning your cash and other liquid assets easily cover near-term debt, is an important financial consideration.