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Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Group Financial Statements and Consolidated Financial Statements
Hi All,
As an answer to a P7 question, I read the following:
“Griffin and Bees may represent a ‘group’ for which group financial statements are required, even though as there is no subsidiary involved, consolidated financial statements are not required”
So how is a group financial statement different from a consolidated financial statement?
