Abstract:
An important feature of the 11 th edition is the continued student orientation, which has been
further enhanced with this edition. This 11th edition strives to maintain an interesting and readable
text for the students
Description:
The one-line consolidation is maintained as the standard for a parent company in accounting
for investments in its subsidiaries. Procedures for situations in which the parent company uses the
cost method or an incomplete equity method to account for investments in subsidiaries are covered
in electronic supplements to the chapters