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Non-Controlling Interest
The portion of equity ownership in a subsidiary not attributed to the parent company, often reflected in the consolidated financial statements.
Entity Method
A consolidation approach where investments are recorded at cost without adjustment for the investee's post-acquisition activities.
Parent-Company Extension Method
A method of consolidation where the financial statements of the parent company are extended to include the financial information of its subsidiaries.
Impairment Of Goodwill
The write-down of the goodwill account when the carrying value on the balance sheet exceeds the fair market value, indicating that the asset is not as valuable as previously thought.
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