This is a quick and probably a dumb question.
I cannot believe I still don't know this but what the hell is "consolidation method?"
Is this same as acquisition method?! I couldn't find definition of consolidation method either in the CFA curriculum/index or in the Schwesser books.
Judging by the answer to this question, I am guessing maybe it's acquisition method. But for joint ventures I thought proportionate consolidation or equity method is preferred?!
Thanks!作者: DSquaredSlim 时间: 2011-7-12 18:09
Please read the ethics section...Or better yet, the bottom of the Mock exam.
Do not post specific questions about the mock exam.
Just trying to prevent possible violations for you.作者: WarrenB1 时间: 2011-7-12 18:19
Oops sorry I had no idea. But I'm not restating the question per say, but asking merely for a definition of a word presented within the problem. Is that really a violation? It seems like the blurb on the bottom says I can't post the questiosn onlines but it didn't prohibit me from asking questions about it.作者: xilinx_altera 时间: 2011-7-12 18:38
I am getting paranoid and confused. Aren't 50% of this forum asking questions on the mock exam?!作者: ryanlb 时间: 2011-7-12 18:48
Don't get paranoid! Actually, come to think of it, it does seem like a lot of questions are based from the Mock on this site... Maybe it's fine; I'd rather be safe than sorry though.
Don't worry. Good luck with your studies作者: ninja1024 时间: 2011-7-12 18:57
you cant delete it now, maybe if you flag it and as mods to do so. but I wouldn't worry, just know you are not supposed to do it作者: SeanWest 时间: 2011-7-12 19:07
can someone please help me with this question??
adore is a joint venture, and glace is IFRS.
shouldn't this be proprtionate consolidation?- answer choice b?!
also cupernico is a us gaap, so shouldn't they be using equity method?作者: flyinggirl 时间: 2011-7-12 19:17
IFRS: prefer PP for joint
GAAP: prefer equity mthod
