标题: Net income in equity and full acquisition method [打印本页] 作者: dontknow1987 时间: 2013-4-14 17:46 标题: Net income in equity and full acquisition method
my company mother have a sub-company called sub, in 2009, sub ‘s net income is 100 USD, mother’s net income is 200 USD, mother has 50% of sub share, assuming we can use equity, full and partial acquisition method,
so is following correct?
full is using in US GAAP only and partial is using in IFRS only
NI(equity): 200+100*50%
NI(full): 200+100
NI(partial): 200+100*50%作者: iteracom 时间: 2013-4-14 17:50
You mean Acquisition method with Full or Partial Goodwill? right?
full is using in US GAAP only and partial is using in IFRS only
This is correct. US GAAP allows use of Full or Partial Goodwill. Whereas IFRS allows use of Partial Goodwill only.
NI(equity): 200+100*50%
This is correct.
NI(full): 200+100
This is correct.
NI(partial): 200+100*50%
This is incorrect. NI on the consolidated Income Statement will still be 200 + 100.作者: strikethree 时间: 2013-4-14 17:55
but I checked the text, It says net income is same for equity method, propoation consolidation and acquisition method?
assuming sub has dividend 20 mil. inside the balance sheet:
investment(equity): 200+100*50% -20*50%
investment(full): 200+100*50%-20*50%
investment(partial): 200+100*50%-20*50%
