Where can the investment in a subsidiary be found in a group's consolidated financial statements?

A) Statement of cash flows
B) Statement of financial position
C) Consolidation worksheet
D) Income statement

Consolidated Financial Statements

Financial statements that present the financial position and performance of a parent company and its subsidiaries as if they were a single economic entity.

Statement of Financial Position

Another term for the balance sheet, showing a company's financial status by detailing assets, liabilities, and shareholders' equity at a specific point in time.