Although the consolidation process is a series of interrelated adjustments and eliminations, it is rarely pictured as an integrated whole. The flow chart approach presented herein accomplishes this objective and can serve as a model for the solution of consolidation problems. Following this conceptual approach allows the user to see the place of each adjustment and elimination in the overall perspective of the consolidation process.
Bird, Francis A. and Phillip A. Jones, Sr. 1981. "A Flow Chart Approach To Consolidations." E.C.R.S.B. 81-3. Robins School of Business White Paper Series. University of Richmond, Richmond, Virginia.