rekonsolideerimise
Rekonsolideerimise refers to the process of combining or integrating previously separated or independent financial statements of different entities into a single, consolidated financial statement. This typically occurs when one company, the parent company, has control over one or more other companies, known as subsidiaries. The purpose of rekonsolideerimise is to present a true and fair view of the financial position and performance of the entire group of companies as if it were a single economic entity.
The process involves eliminating intercompany transactions, such as sales between parent and subsidiary, loans, and dividends,
Rekonsolideerimise is a crucial accounting practice dictated by accounting standards like IFRS and US GAAP. It