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Estado de situación patrimonial consolidado con sociedades controladas

English translation: Consolidated statement of financial position with held companies

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Spanish term or phrase:	Estado de situación patrimonial consolidado con sociedades controladas
English translation:	Consolidated statement of financial position with held companies
Entered by:	Michael Powers (PhD)

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22:53 Jul 3, 2009

Spanish to English translations [PRO]
Bus/Financial - Accounting / Balance sheet

Spanish term or phrase: Estado de situación patrimonial consolidado con sociedades controladas

This is the heading of a balance sheet.

a)Consolidated Balance Sheet with controlled companies?
b)Consolidated Financial position with controlled companies?

are there any c)s or d)s in your opinion?
Thank you friendZ!
Claudia

claudia bagnardi KudoZ activity Questions: 626 (7 open) (5 closed without grading) Answers: 1096 Argentina
Local time: 04:45

Consolidated statement of financial position with held companies

Explanation:
Mike :)

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Note added at 8 mins (2009-07-03 23:01:38 GMT)
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The first part, "consolidated statement of financial position" is the translation for Argentina according to Tom West, in his Spanish-English Dictionary of Law and Business.

As far as "held companies" is concerned, in several sources I found "sociedad controladora" as "holding company" so I reasoned that possibly "sociedad controlada" would be "held company" and then I found many, many hits on the Internet for it.

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Note added at 8 mins (2009-07-03 23:02:07 GMT)
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Results 1 - 10 of about 611,000 for "held companies". (0.44 seconds)
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1.
Privately held company - Wikipedia, the free encyclopedia
May 11, 2009 ... Often, privately held companies are owned by the company founders and/or their families and heirs or by a small group of investors. ...
en.wikipedia.org/wiki/Private_company - Cached - Similar -
2.
Category:Privately held companies - Wikipedia, the free encyclopedia
[+] Privately held companies of Canada (0). [+] Privately held companies of the People's Republic of China (3). F. [+] Family businesses (2) ...
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3.
The new value imperative for privately held companies: The why ...
Summary of The new value imperative for privately held companies: The why, what, and how of value management strategy, by John W. Hill, Thomas L. Zeller.
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Atlanta Privately Held Companies | IncBizNet
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Inc. 5000 Index, - Inc. Article
Private companies only. Ranking is based on percentage growth in company net sales over a five-year period.
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Accounting and Business Advisory Services for Medium & Large ...
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Amazon.com: Strategy & Business Planning of Privately Held ...
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Johns Hopkins University Library Guides - Business - Privately ...
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Selected response from:

Michael Powers (PhD)
United States
Local time: 02:45

Grading comment

Gracias Mike, y gracias argosys y patinba! Todas las opciones son buenas. Saludos. Claudia
4 KudoZ points were awarded for this answer

Summary of answers provided

Consolidated financial statements

argosys

Consolidated balance sheet

patinba

Consolidated statement of financial position with held companies

Michael Powers (PhD)

Answers

6 mins confidence:

Consolidated statement of financial position with held companies

Michael Powers (PhD)
United States
Local time: 02:45
Works in field
Native speaker of:

English
PRO pts in category: 190

Grading comment

Gracias Mike, y gracias argosys y patinba! Todas las opciones son buenas. Saludos. Claudia

3 hrs confidence:

Consolidated balance sheet

Explanation:
podrías agregar "with subsidiaries" pero sería redundante, porque consolidated significa justamente que se consolidan o combinan las cuentas de la empresa con las de sus subsidiarias.

Investopedia:
What Does Consolidated Financial Statements Mean?
The combined financial statements of a parent company and its subsidiaries.
Investopedia explains Consolidated Financial Statements
Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge the overall health of an entire group of companies as opposed to one company's stand alone position.

patinba
Argentina
Local time: 05:45
Specializes in field
Native speaker of:

English
PRO pts in category: 104

11 hrs confidence:

Consolidated financial statements

Explanation:
An alternative.
Consolidated financial statements. It would be redundant to add "subsidiaries" or "controlled companies" or "held companies."

Consolidated financial statements are financial statements that factor the holding company's subsidiaries into its aggregated accounting figure. It is a representation of how the holding company is doing as a group. The consolidated accounts should provide a true and fair view of the financial and operating conditions of the group. Doing so typically requires a complex set of eliminating and consolidating entries to work back from individual financial statements to a group financial statement that is an accurate representation of operations.
http://www.answers.com/topic/consolidated-financial-statemen...

Consolidated balance sheet.
One that shows the financial position of an affiliated group of companies as though they constituted a single economic unit. The effect of intercompany relationships and the results of intercompany transactions will have been eliminated in the consolidation process. (ibid)

argosys
Philippines
Local time: 15:45
Specializes in field
Native speaker of:

English
PRO pts in category: 12