Help me to understand Advance Accounting. Thanks

User Generated

gulpxarff44

Business Finance

Description

 Is the  push down accounting method  or consiladated statement important?

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Explanation & Answer

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Push accounting method is more important because push-down accounting comes into play when one company purchases another. This technique involves putting the purchase costs on the books of the company being acquired, rather than the company doing the acquiring. Private companies aren't required to practice push-down accounting, but you may find it a useful way to evaluate performance.

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Anonymous
Very useful material for studying!

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