Preliminary procedures and characteristics underlying the application of consolidation techniques

Abstract

The need to form financial and industrial groups in the Republic of Moldova was determined by the development of market relations, large-scale privatization, structural changes in production, the predominance of international trade over domestic production, etc. Consolidation is a technique that allows the presentation of unified information for groups of organizations that are legally independent but financially connected or dependent on a common decision-making center. This procedure allows you to present the financial statements, overall results, economic benefits of these economic units, as for a single entity. CZU: 657.375.6(478); JEL: M41; DOI: https://doi.org/10.53486/cike2022.30