Consolidation Procedures at the Date of Acqusition Under Consolidated Financial Statements Standard
Journal Title: Muhasebe ve Finansman Dergisi - Year 2016, Vol 18, Issue 69
Abstract
According to TFRS 10 Consolidated Financial Statements, a parent company consolidates a subsidiary from the date on which the parent company first obtains control, and continues consolidating that subsidiary until the date on which control is lost. TFRS 10 includes guidance on how to determine the level of control over the subsidiary, on the other hand also includes consolidation procedures that should be adopted on and after the date of acquisition. TFRS 10 refers to TFRS 3 Business Combinations for measuring goodwill and noncontrolling interests at the date of acquisition. The aim of this study is to examine the consolidation procedures at the date of acquisition and compare the methods that could be applied for calculating goodwill and non controlling interests at the date of acquisition according to accounting standards.
Authors and Affiliations
Aylin POROY ARSOY
Keywords
Related Articles
- EP ID EP159195
- DOI -
- Views 103
- Downloads 0
A Study at Istanbul Stock Exchange Concerning the Impact of Enterprise Resource Planning on the Accounting Process
In this study, the major aim is to study the impact of Enterprise Resource Planning Systems on the accounting process. In that way, a number of polls have been performed including some firms whose shares traded at Istanb...
The Corporate Sustainability Solution: Triple Bottom Line
Today, success of the enterprises is measured by not only their profit but also their benefits to society and environment. Triple Bottom Line which is based on measurement of enterprise performance through economic, soci...
Implementation of the First Time Transition to TFRS for SMEs in a Trout Hatchery
There are approximately 2000 aquaculture facilities that operate as SMEs in the Republic of Turkey. In order to arrange their financial statements within the framework of IFRS for SMEs, they need to make an initial trans...
Bankacılık Sektöründe Yoğunlaşma İle Finansal Kırılganlık Arasındaki İlişki: Türkiye Örneği (2007-2014)
Bankacılık sektöründe ortaya çıkan yoğunlaşmanın finansal kırılganlık üzerindeki etkisinin belirlenmesi ekonomi için oldukça önemlidir. Teoride bu ilişki “rekabet-istikrar” ve “rekabet-kırılganlık” görüşleri çerçevesinde...
Küçük Ve Orta Büyüklükteki İşletmelerde Finansman Kaynağı Olarak COSME Programı: Örnek Uygulama
Küçük ve orta büyüklükteki işletmelerin (KOBİ) ekonomik kalkınma açısından ülkemizde ve diğer ülkelerde üretim, yatırım ve istihdam faaliyetleri bakımından önemli bir yeri vardır. Bu bağlamda çalışmanın amacı Avrupa Birl...