Computer Project Alternative Investment Methods, Goodwill Impairment, and consolidated fiscal Statements In this project, you are to provide an analysis of preference account statement manners for controlling interest investments and succeeding prepares on consolidated reporting. The project requires the affair of a computer and a spreadsheet software package (e.g., Microsoft ExcelĂ‚®, etc.). The use of these tools allows you to assess the sensitivity of alternative accounting methods on consolidated monetary reporting without preparing several(prenominal) similar worksheets by hand. Also, by mannikin a worksheet process, you suffer develop a better savvy of accounting for unite reporting entities. p. 135 Consolidated Worksheet supply You will be creating and entering formulas to hit four worksheets. The outset clinical is to demonstrate the effect of antithetic methods of accounting for the investments (equity, initial value, and partial equity) on the parent c ompanys tribulation balance and on the consolidated worksheet subsequent to acquisition. The second objective is to show the effect on consolidated balances and key financial ratios of recognizing a seemliness impairment loss. The project requires preparation of the adjacent four enamour out worksheets: a. Consolidated information worksheet (follows). b.
Equity method consolidation worksheet. c. sign value method consolidation worksheet. d. incomplete equity method consolidation worksheet. If your spreadsheet package has multiple worksheet capabilities (e.g., Excel), you fanny use conk out workshe ets; otherwise, all(prenominal) of the four! worksheets can expect in a separate area of a adept spreadsheet. In formulating your solution, each worksheet should link directly to the first worksheet. Also, life free to shit supplemental schedules to enhance the capabilities of your worksheet. Project Scenario Pecos conjunction acquired 100 part of Suaros outstanding stock for $1,450,000 cash on January 1, 2012,...If you want to get a full essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment