OBJECTIVES
After studying this course student should be able to :
- Understand the essence of business combination and properly account for variety of business combination transaction.
- Properly account for the stock stock acquisition by investor
- Understand the consolidated balance sheet at the date of stock acquisition and after stock acquisition, consolidated income statement.
- Understand the consolidation techniques and procedures under the equity method.
- Properly account for the intercompany profit transaction (inventories , plant assets and bond), changes in ownership interests, indirect and mutual holdings, subsidiary preferred
- stock, subsidiary convertible bonds.
- Understand the consolidated earning per share, consolidated income taxation, push-down accounting, and corporate joint venture.
- Understand and properly account for derivatives and foreign currency transactions.
Last modified: Wednesday, 10 June 2020, 8:25 PM