Presentation is loading. Please wait.

Presentation is loading. Please wait.

Chapters 1-5 Consolidations vgeneral info on business combinations vacquisition with dissolution vconsolidation requirements vpurchase vs. pooling vtracking.

Published by Modified over 9 years ago

Similar presentations

Presentation on theme: "Chapters 1-5 Consolidations vgeneral info on business combinations vacquisition with dissolution vconsolidation requirements vpurchase vs. pooling vtracking."— Presentation transcript:

1 Chapters 1-5 Consolidations vgeneral info on business combinations vacquisition with dissolution vconsolidation requirements vpurchase vs. pooling vtracking investment in subsidiary (w/ actual journal entries) vconsolidation worksheets, entries, and accounts

2 Basic consolidation:after year of acquisition equity method accounting 100% EIDSA*CNCI*GTIG ++++++++++++++++#############++++XX Cost method Partial equity parent comp proportionate downstream upstream Year of acquisitn upstream Outside owner Basic econ unit Trsfr invent 100% downstream Other accntg Trsfr invent 60% XXX+++++######XXX###XX

3 EIDSA*CNCI*GTIG Invest in Sub XXXXX Eqty in sub earn X Beg. R/E XXX Common Stock X Add. Pd-in Cap X Dividends Paid costXX Equipment, etc XX Deprec exp, etc X CGS XXX Revenues X NCint, 12/31 X Inventory X Dividend income cost NCint in Sub Inc X NCint, 1/1 XXX

Download ppt "Chapters 1-5 Consolidations vgeneral info on business combinations vacquisition with dissolution vconsolidation requirements vpurchase vs. pooling vtracking."

Similar presentations

©The McGraw-Hill Companies, Inc. 2006McGraw-Hill/Irwin Chapter 9 Consolidated Financial Statements: Income Taxes, Cash Flows, and Installment Acquisitions.

©The McGraw-Hill Companies, Inc. 2006McGraw-Hill/Irwin Chapter 9 Consolidated Financial Statements: Income Taxes, Cash Flows, and Installment Acquisitions.
Irwin/McGraw-Hill © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 7-1 Intercompany Inventory Transactions 7 Electronic Presentation by Douglas.

Irwin/McGraw-Hill © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 7-1 Intercompany Inventory Transactions 7 Electronic Presentation by Douglas.
McGraw-Hill/Irwin© 2008 The McGraw-Hill Companies, Inc. All rights reserved. 5 Consolidation of Less-Than-Wholly-Owned Subsidiaries.

McGraw-Hill/Irwin© 2008 The McGraw-Hill Companies, Inc. All rights reserved. 5 Consolidation of Less-Than-Wholly-Owned Subsidiaries.
Chapter Four Consolidated Financial Statements and Outside Ownership McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.

Chapter Four Consolidated Financial Statements and Outside Ownership McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.
Chapter 5: Intercompany Profit Transactions – Inventories

Chapter 5: Intercompany Profit Transactions – Inventories
Chapter Four Consolidation with Outside Ownership Reporting Options (Income Statement) Parent’s Share of Revenue & Expenses Total Revenue & Expenses –

Chapter Four Consolidation with Outside Ownership Reporting Options (Income Statement) Parent’s Share of Revenue & Expenses Total Revenue & Expenses –
Allocation of Purchase Differential

Allocation of Purchase Differential
Pooling of Interests Method

Pooling of Interests Method
Chapter Six Variable Interest Entities, Intra-Entity Debt, Consolidated Cash Flows, and Other Issues Copyright © 2015 McGraw-Hill Education. All rights.

Chapter Six Variable Interest Entities, Intra-Entity Debt, Consolidated Cash Flows, and Other Issues Copyright © 2015 McGraw-Hill Education. All rights.
© The McGraw-Hill Companies, Inc., 2001 Slide 6-1 McGraw-Hill/Irwin 6 C H A P T E R Intercompany Debt and Other Consolidation Issues.

© The McGraw-Hill Companies, Inc., 2001 Slide 6-1 McGraw-Hill/Irwin 6 C H A P T E R Intercompany Debt and Other Consolidation Issues.
Chapter Three Consolidations Subsequent to Date of Acquisition vAfter combination, parent tracks its investment in the subsidiary.  records changes in.

Chapter Three Consolidations Subsequent to Date of Acquisition vAfter combination, parent tracks its investment in the subsidiary.  records changes in.
© The McGraw-Hill Companies, Inc., 2004 Slide 4-1 McGraw-Hill/Irwin Chapter Four Consolidated Financial Statements and Outside Ownership.

© The McGraw-Hill Companies, Inc., 2004 Slide 4-1 McGraw-Hill/Irwin Chapter Four Consolidated Financial Statements and Outside Ownership.
Chapter Five Intercompany Asset Transactions Sales:20 x $13 CGS:20 x $10 Sales:20 x $11 CGS:20 x $10 Sales:20 x $13 CGS:20 x $11 A sells 20 units to B.

Chapter Five Intercompany Asset Transactions Sales:20 x $13 CGS:20 x $10 Sales:20 x $11 CGS:20 x $10 Sales:20 x $13 CGS:20 x $11 A sells 20 units to B.
The Financial Statements

The Financial Statements
5 - 1 ©2003 Prentice Hall Business Publishing, Advanced Accounting 8/e, Beams/Anthony/Clement/Lowensohn Intercompany Profit Transactions – Inventories.

5 - 1 ©2003 Prentice Hall Business Publishing, Advanced Accounting 8/e, Beams/Anthony/Clement/Lowensohn Intercompany Profit Transactions – Inventories.
Consolidated Financial Statements and Outside Ownership

Consolidated Financial Statements and Outside Ownership
Chapter Two Consolidation of Financial Information Business Combination vOne firm acquires an equity interest in and control over another firm. Consolidation.

Chapter Two Consolidation of Financial Information Business Combination vOne firm acquires an equity interest in and control over another firm. Consolidation.
Chapter 3 Consolidated Statements Subsequent to Acquisition.

Chapter 3 Consolidated Statements Subsequent to Acquisition.
Intercompany Sales of Land (Nondepreciable Property)

Intercompany Sales of Land (Nondepreciable Property)
Consolidated Financial Statements - Intra-Entity Asset Transactions

Consolidated Financial Statements - Intra-Entity Asset Transactions

Similar presentations

Ads by Google