Business, Legal & Accounting Glossary
An unconsolidated subsidiary is an undertaking that, although being a subsidiary undertaking of a group , is not included in the consolidated financial statements of the group.
An unconsolidated subsidiary is a company that is owned by a parent company, but whose individual financial statements are not included in the consolidated or combined financial statements of the parent company to which it belongs.
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This glossary post was last updated: 10th August, 2019 | 12 Views.