Examlex
Rationalize the numerator and simplify.
Consolidation
The process of combining the financial statements of several subsidiary companies into the statements of a single parent company, displaying the group's total financial status as a single entity.
Cost Method
An accounting method used to value an investment, where the investment is recorded at its cost and adjustments are only made when there are declines in value or realized returns.
Equity in Earnings
The share of the profits or losses from investments in associates that a company accounts for using the equity method.
FVTPL
Fair Value Through Profit or Loss, a classification under International Financial Reporting Standards for financial assets held for trading or designated upon initial recognition as measured at fair value, with changes in fair value recognized in profit or loss.
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