Consolidated accounting is used to group the financial information of a parent company and one or more subsidiary companies. A parent company owns the majority of voting shares of a subsidiary company ...

Companies often invest in the securities of other companies. Sometimes, the intent is to gain significant influence over the investee, while at other times the investment is simply a way to earn money ...

A control account is used in bookkeeping and accounting to efficiently consolidate balances for summary and reporting purposes. They are a core accounting tool that aids ledger integrity and financial ...

Bruns, William J., Jr. "The Talbots, Inc., and Subsidiaries: Accounting for Goodwill (Brief Case)." Harvard Business School Teaching Note 083-257, October 2008.

As a reminder, an account 115 contribution is a capital contribution without issuance of shares. This type of contribution is included in the Luxembourg Standard Chart of Account (LSCA) group 111 ...

Pennsylvania-based Top 100 Firm RKL LLP has launched a new subsidiary to offer outsourced accounting and business services. The practice, RKL Virtual Management Solutions, will manage the accounting, ...