Examlex
Recent research has suggested that:
Non-Controlling Interest
A minority share of ownership in a subsidiary that is not directly controlled by the parent company, typically reflected in the equity section of the consolidated financial statement.
Consolidated Financial Position
A representation of a parent company and its subsidiaries' financial status as one entity, summarizing assets, liabilities, and equity.
Acquisition Differential
The difference between the purchase price of a company and the fair value of its identifiable net assets at the acquisition date.
Intercompany Gain
Intercompany Gain is the profit recognized from transactions between affiliated companies, which may need to be eliminated during the consolidation process to present accurate financial statements.
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