Equity method and Internet of Things: Difference between pages

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imported>Doug Williamson
m (Categorise the page.)
 
imported>Doug Williamson
(Create page. Sources: The Treasurer, June 2018, p35 & Cambridge English Dictionary https://dictionary.cambridge.org/dictionary/english/internet-of-things?q=internet+of+things)
 
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A method of accounting for an associated undertaking in a group of companies.
(IoT).
 
1.
 
Physical objects that:
*have computing technology embedded in them and
*can communicate with each other via the internet without the intervention of humans or other computers.
 
 
2.
 
More broadly, the consequences of this technology and its application.


The purpose is to include in the consolidated group accounts: (1) the cost of the investment plus (2) the appropriate proportionate share of post-acquisition profits.


== See also ==
== See also ==
* [[Associated undertaking]]
* [[Cloud]]
* [[Consolidated group accounts]]
* [[Internet]]
* [[Consolidation]]
* [[Intranet]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 09:53, 4 June 2018

(IoT).

1.

Physical objects that:

  • have computing technology embedded in them and
  • can communicate with each other via the internet without the intervention of humans or other computers.


2.

More broadly, the consequences of this technology and its application.


See also