Holding company with more than one subsidiary company, Financial Accounting

Assignment Help:

Holding company with more than one subsidiary company

Under this type of structure, the holding company controls more than one company. For example H ltd may Own 80% of S1, 75% of S2 and 60% of S3.

The consolidated balance sheet will remain as before because it involves adding the assets and liabilities of all subsidiaries to those of the holding company while excluding inter-company balances. However, separate cost of controls will need to be prepared for each subsidiary company because the  dates of acquisition may be different and the goodwill impaired also.

In the consolidated balance sheet, the remaining goodwill can be shown as one figure.


Related Discussions:- Holding company with more than one subsidiary company

Uncertainty concerning the business, Uncertainty concerning the business ...

Uncertainty concerning the business It has been recognised in a variety of studies that the problem of adequately financing SMEs is a problem of uncertainty. A defining feature

Ratios, what is the profitability of

what is the profitability of

implied exchange rate between usd and gbp , You have been provided with th...

You have been provided with the following information on a fixed-fixed USD-GBP currency swap, the spot exchange rate between USD and GBP, and the USD and GBP yield curves: Fi

Unrealized profit on property, Unrealized profit on Property, Plant and Equ...

Unrealized profit on Property, Plant and Equipment Where one company sells an item of PPE  to the other company in the group then, this will lead to two main problems. a) The se

Determine the term- balancing risk and return, Determine the Balancing ris...

Determine the Balancing risk and return All decision making involves future and business decision making is no exception. Only thing certain about the future, though, is that w

Investment appraisal, The business is considering two proposals for their p...

The business is considering two proposals for their promotions of the professional courses.Proposal one could give a stable return throughout the period. Proposal Two would give hi

Discounting the terminal value, The Major Assignment Business Case Study is...

The Major Assignment Business Case Study is about American Cable Communications' proposed acquisition of the firm Air Thread Connections. The case study is available from the folde

Balance sheet, limitations of the balance sheet

limitations of the balance sheet

Periodic inventory system, Analyse the limitations of using a periodic inve...

Analyse the limitations of using a periodic inventory system and provide examples to support your view. essay type

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd