Tag Archives | Consolidations

Intercompany Inventory Transactions | Consolidations | Accounting

Companies that make up a business combination frequently retain their legal identities as separate operating centers and maintain their own record-keeping. Thus, inventory sales between these companies trigger the independent accounting systems of both parties. The seller duly records revenue, and the buyer simultaneously enters the purchase into its accounts. For internal reporting purposes, recording an inventory transfer as a [...]

By |2018-05-16T07:35:57+00:00May 16, 2018|Intercompany Transactions|Comments Off on Intercompany Inventory Transactions | Consolidations | Accounting
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Consolidations Subsequent to the Date of Acquisition | Accounting

In this article we will discuss about:- 1. Consolidation the Effects Created by the Passage of Time 2. Investment Accounting by the Acquiring Company 3. Subsequent Consolidation—Investment Recorded by the Equity Method 4. Subsequent Consolidation Investment Recorded Using Initial Value or Partial Equality Method 5. Contingent Consideration 6. Push-Down Accounting. Contents: Consolidation the Effects Created by the Passage of Time [...]

By |2018-05-16T07:35:57+00:00May 16, 2018|Consolidations|Comments Off on Consolidations Subsequent to the Date of Acquisition | Accounting
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Partial Ownership Consolidations: Acquisition Method | Business | Accounting

We will now concentrate on the mechanical aspects of the consolidation process when an outside ownership is present. More specifically, we examine consolidations for time periods subsequent to the date of acquisition to analyze the full range of account­ing complexities created by a noncontrolling interest. As indicated previously, this discus­sion centers on the acquisition method as required under generally accepted [...]

By |2018-05-16T07:35:57+00:00May 16, 2018|Consolidations|Comments Off on Partial Ownership Consolidations: Acquisition Method | Business | Accounting
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