This involves determining control, which typically arises when the parent owns more than half of the voting power of an entity.<\/li>\n<\/ul>\nFor instance, if the parent owns more than 50 percent of the subsidiary, you must value the subsidiary’s accounts at their current market value. If ownership falls between 20 and 50 percent, report the value of the accounts less the amount of any declared dividends or operating losses posted by the subsidiary. While a parent company may not have managerial control of a subsidiary, it could have significant exposure to the financial and operational dealings of the subsidiary.<\/p>\n
The Consolidation Procedure<\/h2>\n
Consolidated financial statements report a parent company’s financial health and include financial information from its subsidiaries. Consolidated financial statements are not designed to provide separate information about the assets, liabilities, equity, income and expenses of any particular subsidiary. All four types have intergranular porosity, and all contain water primarily under unconfined or water-table conditions. The hydraulic conductivity of the aquifers is variable, depending on the sorting of aquifer materials and the amount of silt and clay present, but generally it is high.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The numerous local aquifers can be grouped into several regional aquifer systems that contain groundwater-flow systems of local, intermediate, and regional scale. Water in topographically high recharge areas is unconfined, but, it becomes confined as it moves coastward. Discharge is by upward leakage to shallower aquifers or to saltwater bodies in coastal areas. Because consolidated …<\/p>\n
Unconsolidated Subsidiary: Meaning and Examples<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[44],"tags":[],"_links":{"self":[{"href":"http:\/\/38smiles.com\/wp-json\/wp\/v2\/posts\/1532"}],"collection":[{"href":"http:\/\/38smiles.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/38smiles.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/38smiles.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/38smiles.com\/wp-json\/wp\/v2\/comments?post=1532"}],"version-history":[{"count":1,"href":"http:\/\/38smiles.com\/wp-json\/wp\/v2\/posts\/1532\/revisions"}],"predecessor-version":[{"id":1533,"href":"http:\/\/38smiles.com\/wp-json\/wp\/v2\/posts\/1532\/revisions\/1533"}],"wp:attachment":[{"href":"http:\/\/38smiles.com\/wp-json\/wp\/v2\/media?parent=1532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/38smiles.com\/wp-json\/wp\/v2\/categories?post=1532"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/38smiles.com\/wp-json\/wp\/v2\/tags?post=1532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}