Importance In order to improve the effectiveness of integrated business management, I consider the issue of the necessity of a fundamentally new method of analysis of consolidated financial statements based on a thorough knowledge of the requirements of International Financial Reporting Standards (IFRS) in the application of the rules of consolidation of capital, mutual settlements and financial results of a group of companies. Objectives The article studies the technique of consolidation and rules of business combination for selection of technique of factor analysis of consolidated financial statements. Methods I propose a technique of factor analysis of financial statements, which I have constructed on the basis of identification of indicators that affect the currency of consolidated balance sheet. Through the application of research methods of types of business transactions, I have determined the effect of changes in the value of goodwill, non-controlling share of minority and the articles of determining of financial results on a balance sheet and income statement. Also, I have received a special environmental relevance factor. Results Disclosure and analysis of expenditures for an environment protection in the financial statements provide the basic requirements adequacy, applicable to it in the modern conditions of development of corporate social responsibility. I demonstrate it in the calculations on obtaining the "Gazinvestment" relevance ratio, and also as exemplified by the company statements related to extractive industry - "Analytic GAZDIAS". Applying the methods of study of the factors influencing currency of consolidated balance sheet, in particular, goodwill, non-controlling interest and the items, which determine the financial results, I propose to use a system of coefficient diagnostics and specific indicators obtained for analysis of integrated business reporting. I identify the dependence of negative goodwill impact, the value of capital elimination and mutual payments on the currency of group of companies' consolidated balance sheet.
Keywords: relevant financial statements, corporate social responsibility, global initiative, expenditures, environmental protection, relevancy coefficient
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