Computer Project Alternative Investment Methods, Goodwill Impairment, and unify fiscal Statements In this project, you are to provide an analysis of extract account statement manners for controlling interest investments and incidental readys on fused reporting. The project requires the utilization of a computer and a spreadsheet software package (e.g., Microsoft ExcelĂ‚®, etc.). The use of these tools allows you to assess the sensitivity of alternative accounting orders on consolidated monetary reporting without preparing several(prenominal) similar worksheets by hand. Also, by moulding a worksheet process, you suffer develop a better apprehensiveness of accounting for unite reporting entities. p. 135 Consolidated Worksheet facility You will be creating and entering formulas to hit four worksheets. The rootage clinical is to demonstrate the effect of antithetic methods of accounting for the investments (equity, initial value, and partial equity) on the parent companys tribulation balance and on the consolidated worksheet subsequent to acquisition. The second objective is to show the effect on consolidated balances and key financial ratios of recognizing a free grace impairment loss. The project requires preparation of the adjacent four purloin worksheets: a. Consolidated information worksheet (follows). b.
Equity method consolidation worksheet. c. initial value method consolidation worksheet. d. incomplete equity method consolidation worksheet. If your spreadsheet package has multiple worksheet capabilities (e.g., Excel), you fanny use say work sheets; otherwise, all(prenominal) of the f! our worksheets can expect in a separate area of a adept spreadsheet. In formulating your solution, each worksheet should link directly to the first worksheet. Also, life free to make supplemental schedules to enhance the capabilities of your worksheet. Project Scenario Pecos conjunction acquired 100 share of Suaros outstanding stock for $1,450,000 cash on January 1, 2012,...If you want to have got a full essay, order it on our website: OrderCustomPaper.com
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