Define: Unconsolidated Subsidiary

UK Accounting Glossary

Definition: Unconsolidated Subsidiary


Quick Summary of Unconsolidated Subsidiary


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.



What is the dictionary definition of Unconsolidated Subsidiary?

Dictionary Definition


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.


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Full Definition of Unconsolidated Subsidiary


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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Unconsolidated Subsidiary FAQ's



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https://payrollheaven.com/define/unconsolidated-subsidiary/
Modern Language Association (MLA):
Unconsolidated Subsidiary. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 16, 2019 https://payrollheaven.com/define/unconsolidated-subsidiary/.
Chicago Manual of Style (CMS):
Unconsolidated Subsidiary. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/unconsolidated-subsidiary/ (accessed: September 16, 2019).
American Psychological Association (APA):
Unconsolidated Subsidiary. PayrollHeaven.com. Retrieved September 16, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/unconsolidated-subsidiary/

Definition Sources


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This glossary post was last updated: 6th May 2019.