Statement of federal financial accounting standard and Subsidiary: Difference between pages
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'''1. '''''Accounting''. | |||
A parent undertaking has a subsidiary for accounting purposes if it has control over the other entity. | |||
The subsidiary is the entity (usually a company) which is controlled by the parent undertaking (also known as the group holding company). | |||
'''2.''' Of lesser importance. | |||
== See also == | == See also == | ||
* [[ | * [[Acquisition accounting]] | ||
* [[Group]] | |||
[[ | * [[Group accounts]] | ||
* [[Holding company]] | |||
* [[Parent company]] | |||
* [[Strategic business unit]] | |||
* [[Subsidiary undertaking]] | |||
* [[Subsidiarity]] | |||
Revision as of 22:03, 12 September 2013
1. Accounting.
A parent undertaking has a subsidiary for accounting purposes if it has control over the other entity.
The subsidiary is the entity (usually a company) which is controlled by the parent undertaking (also known as the group holding company).
2. Of lesser importance.
