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Accounting Mod10
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consolidated financial statement
financial statements that present assets and liabilities controlled by the parent company, and total profitibilty of the combined companies
cost method
equity investments recorded at cost, revenue only recongised when cash dividends received
equity method
investment in common shares initally recorded at cost. investment account adjusted annually to show equity in the investee
held to maturity securities
reported at amortized cost on balance sheet
passive investment
purchased to generate investment income
realized gain or loss
difference between marekt value and cost when investment actually sold
transaction costs, such as brokerage fees, are expensed for non-strategic investments that were purchased as:
trading investments
A non-strategic investment made for the purpose of earning interest
is recorded at amortized cost
Discontinued operations
disposal of identifiable part of a business,
value less tax payable is deducted
earning power
net income adjusted for irrecgular or atypical items
horizontal analysis
analysis over a period of time
vertical analysis
analysis within a period
Author
ryanpoz
ID
146808
Card Set
Accounting Mod10
Description
securities and investments
Updated
2012-04-11T07:57:32Z
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