CONSOLIDATED FINANCIAL STATEMENTS UNDER IFRS

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Tănase Alin-Eliodor ; Calotă Traian-Ovidiu (2013)
  • Journal: Romanian Economic and Business Review, volume 8, issue 4 december, pages 18-37
  • Subject: subsidiary, joint venture, noncontrolling interests, the acquirer,goodwill, full consolidation, proportionate consolidation method

This article is focuses on accounting consolidation techniques and the preparation of consolidation worksheets for the components of financial statements (statement of comprehensive income, statement of changes in equity, and financial position). The presented group includes parent company, two subsidiaries (only one fully controlled by the parent company) and a jointly controlled entity. The financial statements are presented under the following standards IFRS 3 Business Combination, IAS 27 Consolidated and separate financial statements and IAS 31 Interests In Joint Ventures.
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    10. Tănase Alin Eliodor, 2010, Doctor's Thesis - Accounting of business groups (business combination) Investments in subsidiaries, associated companies and ventures, Scientific Coordinator, Ph.D. Professor: Răileanu Vasile, Academy of Economic Studies, Faculty of Accounting and Management Information Systems, Bucharest.

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