konsoliduotas

Konsoliduotas is a Lithuanian word that translates to "consolidated" in English. It is commonly used in financial and business contexts to refer to the process of combining the financial statements of a parent company and its subsidiaries into a single set of financial statements. This provides a comprehensive view of the entire group's financial performance and position.

In accounting, consolidation is a crucial procedure for presenting a true and fair view of a group's financial health. It eliminates intercompany transactions and balances to avoid double-counting and ensure that the consolidated financial statements reflect only the economic reality of the group as a single entity. The goal is to present the parent company and its controlled subsidiaries as if they were one economic unit.

Beyond finance, "konsoliduotas" can also be used in a more general sense to mean brought together, unified, or strengthened. For example, one might refer to a "konsoliduotas" effort to describe a collaborative initiative where multiple parties have joined forces to achieve a common objective. Similarly, a "konsoliduotas" position might indicate a more stable or secure stance achieved through the integration of various elements or forces. The specific meaning often depends on the context in which the word is used.