FESA CONSOL

FlexSystem

Postmodern Accounting Equation

   

Accounting equation (i.e. Assets = Liabilities + Capital) you are heavily practicing attributed not only to double-entry accounting but also consolidation. You may realize that the scope of works of consolidation is not limited to the preparation of consolidated financial statements. Following diagram you can have an understanding of potential computing issues triggered from the work of consolidation:


Consol Elim A

 

 

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