Search results
Results from the WOW.Com Content Network
A consolidated financial statement (CFS) is the "financial statement of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity", according to the definitions stated in International Accounting Standard 27, "Consolidated and separate financial statements", and International ...
In business, consolidation or amalgamation is the merger and acquisition of many smaller companies into a few much larger ones. In the context of financial accounting , consolidation refers to the aggregation of financial statements of a group company as consolidated financial statements .
FIN 46, Consolidation of Variable Interest Entities, was an interpretation of United States Generally Accepted Accounting Principles (U.S. GAAP) published on January 17, 2003 by the U.S. Financial Accounting Standards Board (FASB) [1] that made it more difficult to remove assets and liabilities from a company's balance sheet if the company retained an economic exposure to the assets and ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
A Georgia couple was sentenced to 100 years in prison without parole after adopting two boys and sexually abusing them. William and Zachary Zulock will each spend the rest of their lives behind ...
The USA went with Trey Augustine in net and he has shut down Canada through one period with 11 saves. Today's world juniors hockey results. Switzerland 3, Kazakhstan 1 Switzerland clinches a ...
The XBRL Global Ledger Taxonomy Framework (XBRL GL) is a holistic and generic XML and XBRL-based representation of the detailed data that can be found in accounting and operational systems, and is meant to be the bridge from transactional standards to reporting standards, integrating the Business Reporting Supply Chain.
Image source: Getty Images. Baby boomers: Not embracing the Roth 401(k) Baby boomers saw the first 401(k)s in 1978, and most have stuck with these traditional plans to the present day.