Why do most parent companies acquire 100 percent ownership ofthe subsidiary when 51 percent would grant them economiccontrol?What are the economic reasons supporting more than a […]
What are some of the issues we may run into when consolidatingfinancial statements at period end? What types of transactions needto be addressed in a consolidation?
How are the tax benefits of net operating losses (NOL) disclosedon financial statements? Which is more beneficial to anorganization an NOL carryforward or an NOL carryback? […]
Why are there differences between taxable and financial income?What are some examples of permanent and temporary differences? Whydo these differences exist? How do they affect the […]
Why do companies make investments in other companies? What arethe differences between debt and equity investments? What is theexperience of either your organization or an organization […]