RSM321H1 Chapter Notes - Chapter 8: Financial Statement, Equity Method, Retained Earnings

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23 Mar 2016
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RSM 321: Textbook Notes
Chapter 8: Consolidated Cash Flows and Ownership Issues (pg. 426-545)
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Goodwill $ X
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0)
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*
**

#$5(6**$%
*7!#
o#
*!"#0"#0"#.
'

3
o#* 89
"+* 89
o< To adjust investment in sub to FV. >
o#* 89
"" 89
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o< To record purchase of additional block of shares. >
+*

o *:;;<
$%
Purchase price $ X
Implied value @100 $ X
CV of N A's:
Assets $ X
Liabilities X X
AD X
Allocated ¿:
FVI $ X X
BalanceGoodwill $ X
+ 

o$%#**
,-
*7$%

0
 4 *
o
→ atransaction with ownerstheir capacity as owners .
o4<!"#
"%!"#
o!"#7
$%'*
01
"!"#3
¿Equity(C/S+)$ X
Unamortized AD X
X
NCI ownership
(
before block purchase
)
OP
¿
¿
NCI as at ¿X
Portion sold ¿CI
(
block shares purchased /NCI shares before purch .
)
$ X

,4-3
o#* 8=
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