Consolidation with a Non-controlling Interest
Select a publicly traded company involved in a merger or acquisition transaction that occurred in the last five years that publishes consolidated financial statements. Consolidated financial statements present information on a Parent corporation and all wholly owned subsidiaries. Submit the selection to the instructor for approval – each student must research a different company. Once the instructor has approved the company selection, obtain the Annual Report (Form 10K) and Proxy Statement (Form DEF 14A) of the company for the immediate three prior years using the U.S. Securities and Exchange Commission (SEC) EDGAR System (http://sec.gov/edgar/searchedgar/companysearch.html). Review these documents in addition to Earnings Releases and other financial information available on the company’s Investor Relations Web site to evaluate the following items.
Prepare a 10-12 page research paper (excluding title page, abstract, references page, and appendices containing financial analysis) in APA format that presents the findings of your analysis of the company’s SEC filings. Your paper should also discuss the following:
In addition to the SEC Forms, a minimum of five (5) peer-reviewed academic or professional references must be used in the paper.
This assignment will be assessed using additional criteria provided here.
Please submit your assignment.
Students should complete the following items for this assignment:
|Identify entities involved in the merger or acquisition.||
|Identify key factors involved in the determination of the transaction price and payment terms.||
|Explain the method used to account for the business combination for financial statement purposes.||
|Evaluate the valuation of assets, including goodwill and liabilities acquired in the business combination.||
|Discuss the calculation of the investment in the subsidiary on the parent company’s books.||5%|
|Discuss methods used to account for investments in a consolidated financial statement.||5%|
|Explain the financial reporting objectives for intercompany sales of inventory.||5%|
|Accounting theory governing business combinations in US GAAP and IFRS.||5%|
|Strategic objectives achieved as a result of the business combination.||10%|
|Purpose of due diligence in mergers and acquisitions.||10%|
|Role of the public accountant in supporting business combinations.||10%|
|Use of computer assisted auditing techniques.||10%|
|GAAS, GAAP, PCAOB, and COSO requirements for audits of consolidated financial statements.||10%|
For assistance with your assignment, please use your text, Web resources, and all course materials.
We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.Read more
The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.Read more
The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.Read more
By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.Read more