Corporate Accounting Custom Book 22754 (2e)

How to use this book
Preface
About the Authors
Acknowledgements
CHAPTER 1 Text objectives and introduction to consolidation
1.1 Introduction
1.2 Introduction to accounting for interests in other entities
1.3 The historical development of consolidation accounting
1.4 Application and scope of AASB 127
1.5 Control
1.6 Consolidation questions
1.7 References
1.8 Endnotes
CHAPTER 2 Principles of consolidation
2.1 Introduction
2.2 The consolidation process—an overview
2.3 Elimination of the parent’s investment in subsidiary asset
2.4 Introduction to goodwill or gain on bargain purchase
2.5 Elimination of intragroup dividends
2.6 Summary of the consolidation process
2.7 Comprehensive examples
2.8 Consolidation questions and exercises
2.9 References
CHAPTER 3 Fair value adjustments and tax effects
3.1 Introduction
3.2 AASB 3 Business Combinations
3.3 Consolidated financial statements and AASB 112 Income Taxes
3.4 Allocation of the cost of a business combination
3.5 Acquisition of a business operation
3.6 Further issues concerning the acquisition of a subsidiary
3.7 Comprehensive example—acquisition of a subsidiary
3.8 Accounting for reverse acquisitions
3.9 Consolidation questions and exercises
3.10 References
3.11 Endnotes
CHAPTER 4 Intragroup transactions
4.1 Introduction
4.2 Intragroup services
4.3 Intragroup borrowing and lending
4.4 Intragroup sales of inventories
4.5 Intragroup transfers of non-current assets
4.6 Comprehensive example
4.7 Consolidation questions and exercises
CHAPTER 5 Non-controlling interest
5.1 Introduction
5.2 Nature of non-controlling interest
5.3 Disclosure and measurement of non-controlling interest
5.4 Consolidation of partly owned subsidiaries
5.5 Negative non-controlling interest
5.6 Preference shares and the calculation of NCI
5.7 Consolidation questions and exercises
5.8 References
CHAPTER 8 Accounting for associates—the equity method
8.1 Introduction
8.2 Significant influence
8.3 The equity method of accounting
8.4 Presentation of equity accounting information
8.5 Practical application of the equity method
8.6 Impairment losses
8.7 The tax effect of the equity carrying amount of an investment
8.8 Example of equity accounting—one associate
8.9 Note disclosures for associates
8.10 Example of equity accounting—two associates
8.11 Consolidation questions and exercises
8.12 References
CHAPTER 9 Accounting for joint ventures
9.1 Introduction
9.2 Background to AASB 131
9.3 Nature and types of joint ventures
9.4 Methods of accounting for jointly controlled operations and jointly controlled assets
9.5 Evaluation of one-line and line-by-line methods
9.6 Accounting for a production joint venture operation
9.7 Transactions between venturers
9.8 Revaluation of a venturer’s remaining interest in a non-current asset
9.9 Note disclosures for joint ventures
9.10 Consolidation questions and exercises
9.11 References
CHAPTER 11 Segment reporting by diversified entities
11.1 Introduction
11.2 Background to AASB 8
11.3 Reportable segments
11.4 Measurement of segment data items
11.5 Disclosure of segment information
11.6 Example of segment reporting disclosures
11.7 Consolidation questions and exercises
11.8 References
CHAPTER 19 Further financial reporting issues
19.1 Introduction
19.2 Differential reporting
19.3 Materiality
19.4 Events after the reporting period
19.5 Accounting policies, changes in accounting estimates and errors
19.6 Related-party transactions
19.7 Continuous and interim reporting
19.8 Concise financial reports
CHAPTER 28 Accounting for corporate social responsibilities
28.1 Introduction
28.2 Social responsibility and the maximisation of shareholders’ wealth
28.3 Accounting for corporate social responsibilities
28.4 Accounting for carbon
Index