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Why is it important to categorise the reserves of the subsidiary company into pre-acquisition reserves and post-acquisition reserves for purpose of consolidation?
Wiki User
∙ 10y ago
pre or post acquisition id made w.r.t date of acqn
Wiki User
∙ 10y ago
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Wholly owned indirect subsidiary?
Since the Internet had no information on this, I asked a lawyer, who by his own admittance said he wasn't positive, but believed that: a wholly owned indirect subsidiary is a wholly owned subsidiary (Company 3) that itself is owned by a wholly owned subsidiary (Company 2) of another company (Company 1). Such that Company 3 is a "wholly owned indirect subsidiary" of Company 1.
How do you appoint a director to a subsidiary?
There are policies that are followed in appointing a director to a subsidiary entity. This is done by the shareholders in compliance to the Articles of Association of the company.
What is the difference between affiliates and subsidiary?
Affiliates are non associated independent dealers. Subsidiary is a divisional company owned by the parent company
What does subsidiary motion mean?
A subsidiary motion depends on a substantive motion.Any Procedural motion which is dependent on an order already passed or a motion already discussed in the parliament are called subsidiary motions. for instance Motions moved for subsequent readings of a bill, or to make amendments if any on the previous bill to modify it before the House with a view to increase its acceptability or to present to the House a different proposition as an alternative to the original one, or to pass the bill again to a committee for its review are genrally subsidiary motions.
Advantages of subsidiary legislation?
* Subsidiary legislation can be passed very speedily as it does not have to undergo the various stages of procedure which has to be followed by Parliament or the State Legislative Assemblies. Similarly, if the need arise, subsidiary legislation can be just as speedily rescinded to meet the changing needs of society. * Parliament does not have sufficient time to deal with detailed rules necessary to implement to law. Subsidiary legislation fulfils this need. * Some matters require the special skills and knowledge of experts in that area. Parliament tself may not have sufficient experts for this purpose. Thus, subsidiary legislation fulfils this need as well. * The advantage of subsidiary legislation becomes apparent in the event of a sudden emergency caused by political, economic or natural calamites when quick measures are required to meet the contingency.
What has the author James T Chudy written?
James T. Chudy has written: 'Stock purchases treated as asset acquisitions' -- subject(s): Taxation, Securities, Consolidation and merger of corporations, Subsidiary corporations, Law and legislation
What is a subsidiary account?
A subsidiary account is an account that is found in the subsidiary ledger. It is used to summarize the control account.
What is another word for subsidiary?
What is another word for subsidiary?
Which company is a subsidiary of Renault?
Nissan is a subsidiary of Renault.
What does subsidiary mean?
Subsidiary means: 1. a.) furnishing aid or support (ex: subsidiary details) 1. b.) of secondary importance (ex: subsidiary stream) 2.) of, relating to, or constituting a subsidy (ex: a subsidiary payment to an ally)
What the plural for subsidiary?
The plurals form for the noun subsidiary is subsidiaries.
What is the plural forms subsidiary?
Subsidiaries is the plural form of subsidiary.
What is the plural form of subsidiary?
Subsidiaries is the plural form of subsidiary.
What is an ultimate parent company?
An ultimate parent company considered as a parent company of a subsidiary entity, and the subsidiary entity has its subsidiary entity.
Do you use hyphen in majority-owned subsidiary?
majority-owned subsidiary
Does goodwill only appear on the consolidated balance sheet?
That is correct. Goodwill as an asset appears on the balance sheet of a consolidated company to represent any premium that the acquiring company paid for a subsidiary company that is in excess of the fair value of the company's net assets. Therefore, Goodwill would only show up on the consolidated balance sheet, as the subsidiary's net assets are not reflected on the acquiring company's balance sheet until the consolidation process.
Example of foreign subsidiary?
IBM and Walmart..... biggest example of foreign subsidiary
