THE ADAPTATION OF METHODS OF REPORTING OF CONSOLIDATED GROUPS FOR BUSINESS CLUSTERS AND THEIR USE IN THE COST-EFFECTIVENESS ANALYSIS

Abstract

The paper is focused on the possibility of adapted application of consolidated reporting methods to the
activity of business clusters. The need for preparation of this form of reporting is driven by an objective need
for the universal source of information to make managerial decisions both by internal and eternal cluster factors.
To solve this problem the authors specify general and different characteristics of consolidated groups
and business clusters. The universal for economic groups consolidation procedures are suggested. An exemplary
form of operations reports with and without exclusion of intragroup transactions is given.