This tutorial introduces the topic of investments in equity securities. It involves the accounting for the purchase of another corporation's common shares. This part demonstrates the accounting method when the company acquires all shares of another company. Basically, the two companies combine their financial statements into one financial statement.
The tutorial is presented by Paquita Davis-Friday, Professor of Accountancy at Zicklin School of Business and produced by Baruch Computing & Technology Center (BCTC).
- Tags
-