Standalone vs Consolidated Financial Statements: Understanding the Differences

As a responsible investor, how do you decide which company to invest your money in? You rely on financial statements, right? They are the best way to understand a company’s health and performance. A company releases two financial statements every year or every quarter: standalone financial statement and consolidated financial statement. When we talk about standalone vs consolidated statements, they serve different purposes. Let’s understand the key difference between standalone and consolidated financial statement today!