Annual Report: Users And Group Flashcards
0
Q
Shareholders
A
Persons who own the shares of the company
1
Q
Annual report
A
Report prepared by board of directors to shareholders for their consideration and adoption in the annual general meeting of the company
2
Q
Board of Directors
A
Persons who managed the operations of a company
3
Q
Auditors
A
Persona who conduct audits on an entity
4
Q
Parent
A
An entity that has one or more subsidiaries
5
Q
Subsidiary
A
An entity that is controlled by another entity
6
Q
Non-controlling interest
A
The equity in a subsidiary that is not controlled by the parent
7
Q
Group
A
Exist when there are at least one parent and one subsidiary
8
Q
Consolidated financial statements
A
The combined financial statements of a parent company and its subsidiaries
