Subsidiary: Difference between revisions
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A parent undertaking has a subsidiary for accounting purposes if it has control over the other entity. | ''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). | The subsidiary is the entity (usually a company) which is controlled by the parent undertaking (also known as the group holding company). | ||
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Of lesser importance. | |||
Revision as of 07:09, 2 May 2016
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.
