RESTATEMENTS AND ADJUSTEMNTS IN ELABORATION OF
           CONSOLIDATED FINANCIAL STATEMENTS


           Sorin-Constantin Deaconu, „1 Decembrie 1918” University of Alba Iulia

ABSTRACT: This paper deals interdisciplinary with issues related to accounting’s groups of
companies, offering solutions or answers to immediate problems of accounting practice, and
propose viable theoretical generalizations at least concerning the ongoing development of the
participating entities on consolidation. Thus, the accountant will be able to verify the correct
elaboration of the consolidated financial statements taking into account the profit accrued to
third party.

Key words: consolidated financial statements, accounting, accounting restatements, minor interests

JEL codes: M 41, O 10