Separate Financial Statements
/ˈsɛpəˌrət fəˈnænʃəl ˈsteɪtmənts/
Definitions
- (n.) Financial statements presented by a parent or investor entity showing its investments in subsidiaries, associates, or joint ventures separately, without consolidation.
The company prepared its separate financial statements to comply with regulatory requirements.
Forms
- separate financial statements
Related terms
See also
Commentary
Separate financial statements are distinct from consolidated ones and focus solely on the reporting entity's individual financial position and performance.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.