Hello

In: Business and Management

Submitted By SubZero1992
Words 32518
Pages 131
23 Consolidation: controlled entities
ACCOUNTING
STANDARDS
IN FOCUS

LEARNING
OBJECTIVES

IFRS 10 Consolidated Financial Statements

After studying this chapter, you should be able to:
1 explain the meaning of consolidated financial statements
2 discuss the meaning and application of the criterion of control
3 discuss which entities should prepare consolidated financial statements
4 understand the relationship between a parent and an acquirer in a business combination
5 explain the differences in disclosure requirements between single entities and consolidated entities.

CHAPTER 23 Consolidation: controlled entities

Prepared for Rotterdam School of Management

429

813

INTRODUCTION
The purpose of this chapter is to discuss the preparation of a single set of financial statements, referred to as the consolidated financial statements. The preparation of consolidated financial statements involves combining the financial statements of the individual entities in a group so that they show the financial position and financial performance of the group of entities, presented as if they were a single economic entity. The first issue covered in this chapter is the determination of which entities are required to prepare consolidated financial statements. This involves a discussion of the criterion for consolidation and its application to economic situations. The second issue in this chapter is the accounting procedures for preparing the consolidated financial statements. The application in this chapter is to a very simple group structure involving two entities, one of which owns all the issued shares in the other. Chapters 24–27 discuss further issues associated with the preparation of consolidated financial statements.
The accounting standard governing the preparation of consolidated financial statements is IFRS 10 Consolidated Financial…...

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Hello

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Words: 298 - Pages: 2

Hello

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Words: 360 - Pages: 2

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...Hey hi hello First use Hello, with that spelling, was used in publications as early as 1833. These include an 1833 American book called The Sketches and Eccentricities of Col. David Crockett, of West Tennessee,[2] which was reprinted that same year in The London Literary Gazette.[3] The word was extensively used in literature by the 1860s.[4] Etymology According to the Oxford English Dictionary, hello is an alteration of hallo, hollo,[5] which came from Old High German "halâ, holâ, emphatic imperative of halôn, holôn to fetch, used especially in hailing a ferryman."[6] It also connects the development of hello to the influence of an earlier form, holla, whose origin is in the French holà (roughly, 'whoa there!', from French là 'there').[7] As in addition to hello, halloo,[8] hallo, hollo, hullo and (rarely) hillo also exist as variants or related words, the word can be spelt using any of all five vowels.[citation needed] Telephone The use of hello as a telephone greeting has been credited to Thomas Edison; according to one source, he expressed his surprise with a misheard Hullo.[9] Alexander Graham Bell initially used Ahoy (as used on ships) as a telephone greeting.[10][11] However, in 1877, Edison wrote to T.B.A. David, the president of the Central District and Printing Telegraph Company of Pittsburgh: Friend David, I do not think we shall need a call bell as Hello! can be heard 10 to 20 feet away. What you think? Edison - P.S. first cost of sender & receiver......

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Hello

...Hello, it's me I was wondering if after all these years you'd like to meet To go over everything They say that time's supposed to heal ya, but I ain't done much healing Hello, can you hear me? I'm in California dreaming about who we used to be When we were younger and free I've forgotten how it felt before the world fell at our feet There's such a difference between us And a million miles Hello from the other side I must've called a thousand times To tell you I'm sorry for everything that I've done But when I call you never seem to be home Hello from the outside At least I can say that I've tried To tell you I'm sorry for breaking your heart But it don't matter, it clearly doesn't tear you apart Anymore Hello, how are you? It's so typical of me to talk about myself, I'm sorry I hope that you're well Did you ever make it out of that town where nothing ever happened? It's no secret that the both of us Are running out of time So hello from the other side I must've called a thousand times To tell you I'm sorry for everything that I've done But when I call you never seem to be home Hello from the outside At least I can say that I've tried To tell you I'm sorry for breaking your heart But it don't matter, it clearly doesn't tear you apart Anymore, ooooohh Anymore, ooooohh Anymore, ooooohh Anymore, anymore Hello from the other side I must've called a thousand times To tell you I'm sorry......

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