GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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01:25 Jul 1, 2012 |
French to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Salih YILDIRIM United States Local time: 03:43 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +1 | Proxy of accounting consolidation |
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3 -1 | proxy statement |
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Summary of reference entries provided | |||
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Subsidiary Accounting |
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Discussion entries: 9 | |
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Proxy of accounting consolidation Explanation: Imho |
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Grading comment
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15 hrs confidence: peer agreement (net): -1
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13 hrs |
Reference: Subsidiary Accounting Reference information: Subsidiary Accounting There are three possible ways to account for the investment by one company in the common stock of another, depending on the resulting degree of influence the investor has over the investee: --- Cost or Market Method --- Investor acquires < 20% of investee's voting stock (insignificant influence). --- Equity Method --- Investor acquires 20% – 50% of investee's voting stock (significant influence). --- Consolidation Method --- Investor acquires > 50% of investee's voting stock (legal control). These percentages are merely guidelines; there are other factors that must be considered in evaluating the degree of influence. (...) ..... Note that under the equity method, the investor does not actually record the subsidiary's assets and liabilities on its balance sheet. Rather, the "Investment in Affiliate" account serves as a proxy for the investor's economic interest in the subsidiary's assets and liabilities. ..... [http://macabacus.com/accounting/subsidiary-accounting] Reference: http://macabacus.com/accounting/subsidiary-accounting |
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