Consolidated financial account reports can offer a broad – all-encompassing — view of customers’ investments regardless of where the assets are held and may even include non-securities assets.

A set of accounts showing the combined financial position of a parent company and all of its subsidiaries. This brings together all the assets, equity, liabilities and operating accounts in one place.

If one company owns part or all of another company, it may be required to prepare a consolidated financial statement. The companies remain separate legal entities and each maintains its own set of ...