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What are new guidelines issued by GAAP for consolidating entities
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What are new guidelines issued by GAAP for consolidating entities

User Marc Rasmussen
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11 votes
Consolidation Rules Under GAAP

The general rule requires consolidation of financial statements when one company’s ownership interest in a business provides it with A MAJORITY OF the voting power- meaning it controls more then 50% of the voting shares
User Rohitmishra
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