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21 Απρ 2024 · The equity method and the proportional consolidation method are two types of accounting methods used when two companies are part of a joint venture.
29 Μαΐ 2023 · Two commonly used methods for consolidating financial statements are the equity method consolidation and the consolidation method. Choosing the correct method is essential for accurately presenting the financial position.
22 Ιουλ 2024 · Two primary methods used are the equity method and consolidation, each with distinct applications and implications. The choice between these methods can significantly impact a company’s financial statements, influencing everything from reported earnings to asset valuations.
Using Q&As and examples, KPMG provides interpretive guidance on equity method investment accounting issues in applying ASC 323. This November 2023 edition incorporates updated guidance and interpretations.
US GAAP has a two-tier consolidation model—the VIE model and the voting interest model. If applying the VIE model, ASC 810 provides specific guidance to address the accounting for the acquisition of a VIE that is not a business.
Under US GAAP and IFRS Accounting Standards, an investor should generally apply the equity method of accounting when the investor does not control the investee but has the ability to exercise significant influence.
The amended IAS 27 also incorporated the guidance contained in two related Interpretations (SIC-12 Consolidation-Special Purpose Entities and SIC-33 Consolidation and Equity Method—Potential Voting Rights and Allocation of Ownership Interests). In May 2011 the Board issued IFRS 10 Consolidated Financial Statements to supersede IAS 27.
