Consolidation Financial Statement Process Procedure: Case Study at PT XXX

Muhammad Ridwan Juswandi, Edward Tanujaya

2018

Abstract

The The company which has the subsidiaries need a financial statement that can show their financial performance as a whole or as one economic entity for better decision making. The purpose of this research is to show how a company should prepare consolidation financial statement, that previously never been made. The case study research is conducted in a firm that has 53 subsidaries, divided into 7 subholding. The process starts with overhauling the financial statement preparation process because the companies do not have standard for preparation financial statement, from policy making to step by step procedures. To produce consolidated financial statement the company should have standard operating procedure for preparing financial statement and consolidated financial statement. This standard operating procedure should be easily to understand and can be used by everyone. It is concluded that through this process, the consolidated financial statement could assists management in solving financial and management can take srategic decision.

Paper Citation

in Harvard Style

Juswandi M. and Tanujaya E. (2018). Consolidation Financial Statement Process Procedure: Case Study at PT XXX.In Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES, ISBN 978-989-758-432-9, pages 1056-1060. DOI: 10.5220/0009503310561060

in Bibtex Style

@conference{unicees18,
author={Muhammad Ridwan Juswandi and Edward Tanujaya},
title={Consolidation Financial Statement Process Procedure: Case Study at PT XXX},
booktitle={Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,},
year={2018},
pages={1056-1060},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009503310561060},
isbn={978-989-758-432-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,
TI - Consolidation Financial Statement Process Procedure: Case Study at PT XXX
SN - 978-989-758-432-9
AU - Juswandi M.
AU - Tanujaya E.
PY - 2018
SP - 1056
EP - 1060
DO - 10.5220/0009503310561060