FAR Consolidation

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #2627121
    AndreAAndreA
    Participant

    Are there any differences between Consolidated Statement of Comprehensive Income and Statement of Comprehensive Income? and any differences between Consolidated Statement of Changes in Equity and Statement of Changes in Equity

    FAR - 73, 78
    AUD - 73,
    REG -
    BEC -

    "Of course it’s hard. It’s supposed to be hard. If it was easy, everyone would do it. Hard is what makes it great."

    #2631657
    CPAHOPE
    Participant

    Statement of comprehensive income and equity refer to only one company and consolidation refers to more than one company's financials being consolidated into one entity

    AUD - 39
    BEC - 71
    FAR - 57
    REG - 79

    FAR 57,61,57(why?)

    REG 54,49,69,66, 79

    AUD 39(lol)

    BEC 64,60,50(lol),70,67,71

    #2631960
    AndreAAndreA
    Participant

    That’s a problem. Do we need to combine Parent and Subsidiary accounts or not? Because on the Consolidated Balance Sheet and Income Statement we would exclude Parent’s Investment in Subsidiary and Income.

    FAR - 73, 78
    AUD - 73,
    REG -
    BEC -

    "Of course it’s hard. It’s supposed to be hard. If it was easy, everyone would do it. Hard is what makes it great."

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.


TRY NINJA FREE FOR 7 DAYS

INCLUDES:

  1. Free NINJA Study Framework
  2. Free NINJA Study Planner
  3. Free NINJA Notes
  4. Free NINJA Audio
  5. NINJA MCQ & SIMS (Full Version!)
  6. Plus 5 Other NINJA Weapons

GET YOUR INSTANT ACCESS NOW:

* All fields are required.