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







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