more-arw search

Q&A Forum

Consolidated Financial Statements of a Listed Company

Horacio Muñoz's Profile

If a subsidiary company overseas of a Global Conglomerate did not elaborate financial statements for 2014, 2015, and the Consolidated Financial Statements of the Global Company listed in a Stock Exchange did not inform this, should it inform of this violation to the buyers of shares? What repercussions can there be?


Topic Expert
Wayne Spivak
Title: President & CFO
LinkedIn Profile
(President & CFO, |

What do you mean "elaborate"?

Did the Consolidated Financials include all companies that the Global Company owned? If so, where is the violation?


Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.