高级财务教材新会计 陈信元 chapter 11.pptVIP

Chapter 11 Consolidation Theories,  Push-down Accounting  and Joint Ventures Required Readings: Chapter 11 1. Alternative Consolidation Theories 11. Parent company theory 1) characteristics ? assumption: CFS are an extension of P’s financial statements ? CFS are prepared for the benefit of P’s stockholders ? consolidated NI: a measurement of income  to P’s stockholders ? NCI is a liability, and ? NCI share is an expense 2) comments ? inconsistent valuation ? conflict with definitions of liability and expense 12. Ent