CONSOLIDATED FINANCIAL STATEMENTS AS THE BASIS OF RELIABLE INFORMATION ON THE ACTIVITY OF INTEGRATED CORPORATE STRUCTURES OF UKRAINE


  • Tetyana Yakymchuk Kryvyi Rih Economic Institute of Kyiv National Economic University named after Vadym Hetman http://orcid.org/0000-0002-0111-681X
  • Aija Cerpinska Rezekne Academy of Technologies

Abstract

 The research presents an algorithm for comparative analysis of the integrated corporate structure reporting including three stages. The proposed algorithm for comparative analysis has been tested on the example of the consolidated financial statements of sub-holding of the industrial and financial group, the financial statements of one of the main asset parent companies in Ukraine and a subsidiary of the sub-holding. It has been established that users cannot make proper conclusions and take decisions in a comprehensive way basing upon information provided in public financial reports.

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Published
2017-12-28
How to Cite
YAKYMCHUK, Tetyana; CERPINSKA, Aija. CONSOLIDATED FINANCIAL STATEMENTS AS THE BASIS OF RELIABLE INFORMATION ON THE ACTIVITY OF INTEGRATED CORPORATE STRUCTURES OF UKRAINE. Scientific Journal of Polonia University, [S.l.], v. 25, n. 6, p. 28-37, dec. 2017. ISSN 2543-8204. Available at: <https://nuife.org/index.php/pnap/article/view/197>. Date accessed: 16 jan. 2018. doi: https://doi.org/10.23856/2503.