Here is a compilation of top nine problems on holding companies with its relevant solutions. Problem 1 (Wholly Owned Subsidiary): Note: Investment which is made by the Holding Company in the form of shares of subsidiary company is replaced by the subsidiary company's assets and liabilities. Problem 2 (Goodwill): The following are the Balance Sheet of H and S as [...]
In this article we will discuss about the Consolidated Financial Statement:- 1. Meaning of Consolidated Financial Statement 2. Objective of Consolidated Financial Statement 3. Scope 4. Definitions 5. Presentation 6. Procedures 7. Transitional Provisions. Contents: Meaning of Consolidated Financial Statement Objective of Consolidated Financial Statement Scope of Consolidated Financial Statement Definitions of Consolidated Financial Statement Presentation of Consolidated Financial Statements [...]
In this article we will discuss about the Accounting Treatment Relating to Preference Shares of a Subsidiary Company. A subsidiary company may have issued equity shares as well as preference shares. In such a case, irrespective of the percentage of preference shares held by outsiders, the minority interest will include the paid up value of the preference shares held by [...]