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Profits in subsidiary company
The remaining profits that belong to the holding company should be split between pre-acquisition profits and post acquisition profits.The pre acquisition profits are the profits in the subsidiary company on the dare of acquisition and are thus used in computing goodwill.The post acquisition profits relate to the period after acquisition and can thus be distributed or can be paid out to the shareholders of the holding company. They should thus form part of the group retained profits.
Q. Design a organisational strategy? The objectives to which organisational approach relates depend on the relative power of different stakeholders associated with the company
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WHAT IS dEPRECIATION?
Public Oversight Board (POB) - POB is an independent oversight board, composed of public members that monitors and evaluates peer reviews conducted by SEC Practice Section (SECPS)
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