Introduction to the Types of Group Relationship
Up to now we have referred a situation where there is the simple relationship among a parent and its subsidiary or subsidiaries that is displayed in Figure below:
Figure: a simple parent/subsidiaries relationship
In the diagram Subsidiary 2 is a subsidiary through virtue of being through by another company (Subsidiary 1), i.e. in turn, a subsidiary of the parent. In these conditions, Subsidiary 2 is generally termed a 'sub-subsidiary' of the parent. The parent company here is occasionally termed as the 'ultimate' parent company of Subsidiary 2.
Subsidiary 3 is a simple subsidiary. Before in this section, it was indicated that one company is a subsidiary of other since the latter controls the former. This is generally like a result of the parent owning a majority, or all, of the voting shares of another, but this does not require being the case.
Consider Figure below and assume that the parent owns 60% of the voting shares of Subsidiary 1 and that Subsidiary 1 owns 60% of the shares of Subsidiary 2. Effectively, the parent only owns 36 % of the shares of Subsidiary 2 (i.e. 60% of 60%), yet the latter is a subsidiary of the former. This is since the parent has complete control over (although not total ownership of) Subsidiary 1, that in turn has complete control over (however again not total ownership of) Subsidiary 2.
Figure: a more complex parent/subsidiaries relationship
Though ownership and control do not essentially go hand-in-hand, in practice this tends to be the case.
The cause that we are regarded as to whether one company is a subsidiary of another is, of course, that group financial statements must be ready in which there is a parent/subsidiary relationship, but not otherwise.
Latest technology based Financial Accounting Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Types of Group Relationship homework help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Types of Group Relationship, project ideas and tutorials. We provide email based Types of Group Relationship homework help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Types of Group Relationship. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Financial Accounting homework help and assignment help services. They use their experience, as they have solved thousands of the financial accounting assignments, which may help you to solve your complex issues of Types of Group Relationship. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
www.tutorsglobe.com offers substituted benzene homework help, substituted benzene assignment help, online tutoring assistance, organic chemistry solutions by online qualified tutor's help.
Theory and lecture notes of Simplified Database System all along with the key concepts of Simplified Database System, Illustration of Database with Conceptual Data Model, Example of a simple Database. Tutorsglobe offers homework help, assignment help and tutor’s assistance on Simplified Database System.
www.tutorsglobe.com offers measures of central tendency homework help, assignment help, online tutoring assistance, geometry mathematics solutions by online qualified tutor's help.
Rigid Body Dynamics II tutorial all along with the key concepts of Torque, Angular Momentum, Conservation of Angular Momentum and Its Applications, Top and Gyroscope
Profit Sharing and Labour Co-partnership - Workers share in profit might be dealt along with distributed in cash to the workers, credited to the worker's provident fund and pension fund other option is to make a part payment in cash and to credit a part to the provident fund account.
tutorsglobe.com heterotrophic nutrition assignment help-homework help by online mode of nutrition tutors
concept of base number conversion- assignment help and homework help along with the key concepts of big mod, big integer, carmichael number, catalan formula, counting combinations, exponentiation, factorial, fibonacci, greatest common divisor and lowest common multiple.
tutorsglobe.com auxins assignment help-homework help by online phytohormones tutors
TutorsGlobe.com Electrolysis and Redox Reactions Assignment Help-Homework Help by Online Access Chemistry Tutors
units of measurement tutorial all along with the key concepts of amount of substance, mole as applied to solid, molarity, molality, normality, normality, standard solution, principle of dilution,
tutorsglobe.com type of leverage assignment help-homework help by online leverage tutors
atomic absorption spectroscopy tutorial all along with the key concepts of preparation of calibration curve, uses of atomic absorption spectroscopy, determination of concentration of magnesium in tap water
tutorsglobe.com causes of cancer assignment help-homework help by online neoplasm tutors
www.tutorsglobe.com offers the system analyst homework help, assignment help, case study, writing homework help, online tutoring assistance by computer science tutors.
tutorsglobe.com protoplasmic fusion assignment help-homework help by online biotechnology tutors
1942392
Questions Asked
3689
Tutors
1440777
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!