Consolidation (business)

Merger and acquisition of many smaller companies into much larger ones Part of a series onAccounting Constant purchasing powerHistorical costManagementTax Major typesAuditBudgetCostForensicFinancialFundGovernmentalManagementSocialTax Key conceptsAccounting periodAccrualConstant purchasing powerEconomic entityFair valueGoing concernHistorical costMatching principleMaterialityRevenue recognitionUnit of account Selected accountsAssetsCashCost of goods soldDepreciation / Amortization (accounting)EquityExpensesGoodwillLiabilitiesProfitRevenue Accounting standardsGenerally-accepted principlesGenerally Accepted Auditing StandardsConvergenceInternational Financial Reporting StandardsInternational Standards on AuditingManagement Accounting Principles Financial statementsAnnual reportBalance sheetCash-flowEquityIncomeManagement discussionFinancial statement analysis BookkeepingBank reconciliationDebits and creditsDouble-entry systemFIFO and LIFOJournalLedger / General ledgerTrial balance AuditingFinancialInternalFirmsReportSarbanes–Oxley Act People and organizationsAccountantsAccounting organizationsLuca Pacioli DevelopmentHistoryResearchPositive accountingSarbanes–Oxley Act MisconductCr