If a subsidiary company overseas of a Global Conglomerate did not elaborate financial statements for 2014, 2015, and the Consolidated Financial Statements of the Global Company listed in a Stock Exchange did not inform this, should it inform of this violation to the buyers of shares? What repercussions can there be?
Consolidated Financial Statements of a Listed Company
Answers
What do you mean "elaborate"?
Did the Consolidated Financials include all companies that the Global Company owned? If so, where is the violation?
Filed Under:
Accounting