The tools used by the Federal reCreate a PowerPoint presentation that the accounting manager can use to explain the consolidation process to the board of directors. Specifically, you must address the following rubric criteria: Describe the typical steps for consolidating the financial statements of subsidiaries. Explain how the connecting affiliation should be handled. Analyze the temporal and current rate methods of consolidating financial statements. Determine which eliminating journal entries need to be made to account for intercompany transactions. What to Submit Submit a 6- to 8-slide PowerPoint presentation with detailed speaker notes and all required sections by completing the Module Three PowerPoint Template. Sources should be cited according to APA style.erve to control monetary policies are : discount rate