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FAR STUDY GROUP
 CPAnet Forum : FAR STUDY GROUP
Subject Topic: Consolidation (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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Payal123
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Joined: 08 Jan 2009
Location: United States
Online Status: Offline
Posts: 330
Posted: 24 Aug 2009 at 13:26 | IP Logged  



Legal Fees associated with Investment:

In case of Cost Method (0-20% ownership) is Capitalized.

In case of Equity Method (20% - 50%) is also capitalized

In case of consolidation (> 50%) - it is expensed.

Is this correct?


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