Consolidation of subsidiary, associates, joint venture? How you calculate goodwill? Minority interest?

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Accepted Answer

Consolidation of subsidiary, associates, joint venture and calculation of goodwill and minority interest.

Consolidation involves combining the financial statements of subsidiary, associates, and joint ventures with the parent company's financial statements.
Goodwill is calculated as the excess of the purchase price over the fair value of the net assets acquired.
Minority interest represents the portion of a subsidiary's net assets that is not owned by the parent company.
Goodwill and minority interest are reported in the consolidated financial statements.
Consolidation requires eliminating intercompany transactions and balances to avoid double counting.

Accepted Answer

I don't know why AS accounting is not leaving india. I have triple masters and i can remember my recent education. Besides no one calls for international process. Why? Who are these bosses?

Consolidation of subsidiary, associates, joint venture? How you calculate goodwill? Minority interest?

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