Essential and Problem Aspects of the Formation of Consolidated Financial Statements’ Indicators in the Context of Convergence With Ifrs

Abstract

The article considers essential and problem aspects of the formation of consolidated financial statements’ indicators in the context of convergence with IFRS. Different approaches to defining the essence of the concept of consolidated financial statements have been studied herein. According to the results of the research, the author’s definition of the consolidated financial statements has been suggested in the work that will allow to organize the process of preparing of the consolidated financial statements at a higher level.