კონსოლიდირებული ფინანსური ანგარიშგების არსი და მომზადების პრინციპები სს ჰოსპიტალის მაგალითზე

There are frequent cases in business activity when the companies choose consolidation. The
main reason of this often has the commercial ground. Through consolidation they increase
the sales, use efficiently the assets and enjoy a positive goodwill and finally establish their
financial positions in the market. For filing and analyzing all this, the compliance of
preparation and submission of consolidated financial statements with the international
standards of the financial statements must be observed. For this reason this work briefly
considers the essence and fundamental assumptions of preparation of financial statements as
well as those of the consolidated financial statement.
The main purpose of this work is to present the essence of consolidated financial statements
and highlight the main issues of their preparation. The first part of the work deals with the
purpose and procedures of preparation of consolidated financial statement. The issues such
as: recognition and evaluation of the acquired assets, liabilities and goodwill arisen during
the consolidation, identifying the non-controlling interest/share and unshared profit of the
group are focused on. The work also describes the issues related to internal group operations
and investments.
The second part of the work is directly related to the compliance of the principles of
preparation consolidated financial statements with the international standards of financial
reporting. A practical example shows why and how the company, actively operating in the
Georgian market, carries out the preparation and submission of its own consolidated
financial statements and how it considers as a parent company, the principles of
consolidation in its statements.