Examlex
What is machine learning?
Entity Method
An accounting approach used in preparing consolidated financial statements where investments are recorded based on the parent company's percentage interest in the net assets of the subsidiary.
Consolidated Statement
A financial statement that presents the assets, liabilities, and operating results of a parent company and its subsidiaries as one entity.
Shareholders' Equity
The portion of a company's assets that belongs to the shareholders after debts and liabilities have been settled.
ASPE Reporting Requirements
Refers to the standards and guidelines for financial reporting under the Accounting Standards for Private Enterprises in Canada, which cover financial statement preparation and presentation for private companies.
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