Consolidated balance sheet-group accounts, Financial Accounting

CONSOLIDATED BALANCE SHEET

The consolidated balance sheet involves adding assets and liabilities of the subsidiary to those of the holding company while excluding inter-company balances. The following points need to be considered in preparing the consolidate balance sheets.

  • Good will on consolidation
  • Minority interest (MI)
  • Group retained profits
  • Preference share capital in subsidiary (irredeemable)
  • Loan stock in subsidiary

 

Posted Date: 12/12/2012 2:27:10 AM | Location : United States







Related Discussions:- Consolidated balance sheet-group accounts, Assignment Help, Ask Question on Consolidated balance sheet-group accounts, Get Answer, Expert's Help, Consolidated balance sheet-group accounts Discussions

Write discussion on Consolidated balance sheet-group accounts
Your posts are moderated
Related Questions
Q. Standards for Accounting and Review Services? Statements on Standards for Accounting and Review Services (SSARS) - Statements issued by AMERICAN INSTITUTE OF CERTIFIED PUBLI

Below are excerpts from Safeway's 2010 Annual Report, including its Consolidated Balance Sheets, a portion of Note E, Lease Obligations, and Note H, Taxes on Income, from the Notes

Group retained profits Retained profits ideally should be the amounts that can be distributed as dividends. Therefore,  in arriving at group retained profits, careful attention s

Joe has two children, Sydney age 5 and William age 2, that he wants to provide for their education funding.  Currently, tuition is $10,000 per year and tuition inflation is 6%.  Jo

Question: The accountant of a company is preparing the cash budget for the first six months of 2011 and obtains the following information: Sales on credit, variable costs an

WILL SOMEONE PLEASE ASSIST ME WITH THIS ASSISGNMENT Preview Company, a diversified manufacturer, has five divisions that operate throughout the United States and Mexico. Preview ha

what is the treatment of increase in allowance receivable.

CONSOLIDATED BALANCE SHEET The consolidated balance sheet involves adding assets and liabilities of the subsidiary to those of the holding company while excluding inter-company

Illustration of consolidated cashflow statements The voice of the Nation Limited is a Nairobi based media company. Its Consolidated Income Statement for the year ended 30 April

I have a case study due in one of my classes. There are 3 pages of information about the company in the case, and there are 12 questions I must complete. Each question is basically