Subsidiary: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Disambiguation from subsidiarity.) |
imported>Doug Williamson mNo edit summary |
||
| Line 1: | Line 1: | ||
''Accounting''. | '''1. '''''Accounting''. | ||
A parent undertaking has a subsidiary for accounting purposes if it has control over the other entity. | A parent undertaking has a subsidiary for accounting purposes if it has control over the other entity. | ||
| Line 5: | Line 5: | ||
The subsidiary is the entity (usually a company) which is controlled by the parent undertaking (also known as the group holding company). | 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 == | ||
Revision as of 22:02, 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.
