what effect does consolidation have on the financial reporting for transactions with controlled entities?
444324
Consolidation Is the Effect.  Transactions in subsidiaries are made in the normal course of business.  The financial records of these transactions are kept by each entity, then sent to the Parent Company, who reports them in the Consolidated Financial Statements.  Consolidation is a reporting activity that serves to eliminate the duplication of transactions between consolidated affiliates.
699990
Without more specifics, it could be a statutory consolidation as well.\n\nBut it sounds as though he is refering to a horizontal merger.
245922
goodwill & intangible assets are regarded as having limited useful economic life under FRS 10;therefore they amortised on a systematic basis over those lives.\ngoodwill 'happen' when 1 company purchase another company at a price higher than the net worth of that company\ne.g. company B is worth 5 million,and company B purchase A at a price of 5.1 million, that means the goodwill is 0.1 million.\ninternal generated goodwill should not be recorded.u can only record goodwill when there's business being purchased.\nremember goodwill is an intangible asset,u can't keep it in the account for a long time like how u record a machine or vehicle,u can't sell off gooodwill,it's only a reputation!therefore u should write it off,b'coz of prudence concept also. \nthere,i explained it as simplest as i could, hope it'll help. good luck yo.
905218
Unless the corporation is publicly owned it is under no obligation to disclose this information to the public.  It is possible to get a Dun & Bradstreet report on any business (you pay for this) and that might give you a clue as to gross sales.  (incidentally, annual revenue and sales are two terms for the same thing:  gross sales).  But, D&B gets these numbers from the company they do the report on and most privately held businesses do not release sales numbers and rarely, if ever, release profits.
400063
Write to:\nInvestor Relations\nTyco International\nSecond Floor, 90 Pitts Bay Road\nPembroke, HM 08, Bermuda\n\nand explain the issue to them with all facts including years you worked for the division, how many shares, etc.
631490
u mean MACRS? \nmmm... depreciation will affect net income. thus affecting net profit margin ratio.
787078
If your shares transactions are investment, then it has to be shown in Income From Capital Gains Head. (Short Term & Long Term Gains)\n\nIf your shares transactions are trading, then this income has to be shown in Income from Business Or Profession Head.\n\nWhile filing your returns you have to show all your income other than shares transactions also.\n\nReddy
1105530
C.\n\nThe risk will determine how much is too much risk.  If the firm is cyclic, then the amount of debt should be lower so that the firm can still make interest payment during the down times.\n\nThe tax structure determines the amount of tax shield and also factors into the optimal capital structure.  More tax means more debt.\n\nEdit: By the way, Mark, I've gone through your papers a few years back and they were rather interesting.  I would have sent an email, but you don't have your up here on Answers and I didn't really want to invade your privacy by going through other channels.
142437
This is the summary about the ruling from the SEC website:\nWe are adopting rule and form amendments to implement the accelerated filing deadline applicable to change of beneficial ownership reports required to be filed by officers, directors and principal security holders under Section 16(a) of the Securities Exchange Act of 1934, as amended by the Sarbanes-Oxley Act of 2002. The amendments are intended to facilitate the statutory changes, which become effective August 29, 2002, consistent with their purpose.
958551
Generally speaking, it should have no impact on the market value of the firm since enterprise value is defined by the following formula: E/V = market value of equity plus market value of net debt (debt minus excess cash). However, it can redistribute the market value of each component in the company's capital structure. \n\nIn repaying the debt with excess cash, the company's liquidity is reduced, but net debt is unchanged. Overall leverage is reduced, which is a positive from a bond holder's perspective, and mildly nuetral to positive from a stockholder's perspective. \n\nIn repaying debt with proceeds of less expensive expensive debt, leverage is unchanged, but it is still a positive from a bond holder's perspective (since interest coverage will likely improve somewhat) and mildly positive from a stockholder's perspective (lower interest expense results in higher net income).
763303
They are relatively similar in that company income is passed through to the owners. However, with an S-Corp an owner is expected to report a "reasonable salary" where a partnership doesn't have that requirement. \nTaxing requirements for different types:\nhttp://www.irs.gov/businesses/small/article/0,,id=98359,00.html\n\nYou will of course to talk to an accountant before you decide because states have different requirements after that. But Tax advantages and disadvantages are not the best differentiators when determining your business structure. An S-Corp offers more flexibility in the long run and other benefits on top of that. If you are wavering on the two you should look at LLC as well.
938272
Yes, but it should not affect the transaction you are having it pulled for. If you do not complete the transaction it will affect the next one you attempt to do. \n\nBrokers do serve a good purpose as they don't have to have your credit run several times to shop for the best loan for you. \n\nYeah that's a blatant ad, but ohh well! business is slow, you gotta start somewhere! :)
831546
There are several accounting conventions used all over the world for the preparation of financial information so that these are consistent and comparable. Some of these concepts are \nHistorical cost convention\nAccrual concept\nPrudence concept\nMatching concept\n\nTransactions are entered in the books of accounts of an organization when they occur i.e when the parties involved are liable to settle the transaction. Most of the time cash is not paid at the time of transaction. It has to be paid later or is paid in advance. Hence the organization has to record accrual and prepayments.
1110830
Because even though they're off the balance sheet, they might affect the future cash flow and ability for the bank to meet requirements.  It might also have to do with reserve requirements and credit rating, but I didn't look those 2 up.
1175240
NOT consolidation.  What is commonly referred to in that category is a form of loan which PROTRACTS PAYMENTS over a LONGER PERIOD, but for which, in the end, if you do the MATH, you will END UP paying up to FOUR TIMES what you WOULD have paid with a reasonable time period.\n\nWHATEVER you consider or choose, be SURE you do the math for what the FULL COST your your decision will BE...financial AND OTHERWISE!\n\nCUT your EXPENSES, PAY it OFF, and put yourself in a money management program that keeps you OUT of that in future!\n\nBest wishes.
605062
There are numerous ways to do cost basis.  The way that you are referrring to is the FIFO method, which is fine.  You might pay a bit more if the stock went up since your cost basis for the original shares is lower, but this would be offset by the long-term treatment.\n\nAs long as you keep track of which shares went where with the dates and the rest of the documentation, you're free to use that method.
937763
Normally the change in cash on the balance sheet equals the change in cash on the Cash Flow Statement..  I have seen this before when they arent equal.  Usually there is some kind of adjustment or restatement to the financial statements when it happens.  This article may help.