Goodwill on consolidation and Governance: Difference between pages

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An asset reported in a consolidated group balance sheet, based on the excess - if any - of the purchase price paid for the investment in a subsidiary, over the holding company's share of the subsidiary's net assets.
A framework that provides guidance on strategy including assessing risk, ensures effective monitoring of management and makes certain that managers are accountable to stakeholders.


In the commercial context, this framework is known as ''corporate governance''.


== See also ==
== See also ==
* [[Goodwill]]
* [[Corporate governance]]
* [[Group accounts]]
* [[Subsidiary]]


=== Other resources ===
[[Media:Apr15TTqualifications45-47.pdf| All together now - consolidation accounting, The Treasurer]]
''Consolidation can seem complicated.''
''This article unpicks the complexity to explain the purpose and process of consolidated group accounting.''
[[Category:Accounting,_tax_and_regulation]]

Revision as of 14:19, 23 October 2012

A framework that provides guidance on strategy including assessing risk, ensures effective monitoring of management and makes certain that managers are accountable to stakeholders.

In the commercial context, this framework is known as corporate governance.

See also


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