Joined: 12 Mar 2008 Location: United States
Online Status: Offline Posts: 5
Posted: 23 Oct 2010 at 22:05 | IP Logged
Could someone please tell me when does the Parent Company
start to include the Sub's Shareholders Equity (SE) in the
consolidated BS
My understanding is that Sub's SE is eliminated while
preparing Consolidated BS at the date of acquisition and
Post Acquisition Subs SE is included in the consolidated
BS. Is that correct?
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