100请厉害ACCOUNGTING的朋友代写 ACCOUNTING。。。。这个月9号就要的。。。。有意请联系。。。谢谢

QUESTION

The legal requirements affecting the accounts of parent companies and their subsidiaries undertakings are contained in the Companies Act 1985 and the Accounting standard FRS 2.  Group accounts in accordance with the Companies Act comprise a consolidated a balance sheet dealing with the state of affairs of the company and all the subsidiaries to be dealt with in group accounts and a consolidated profit and loss account.

Required:

(a)                Explain a group of companies and the purpose of preparing a consolidated financial statement for a group of companies.                                                                                                       [10 marks]

(b)               Explain ‘subsidiary’ in relation to group accounts.                                              [10 marks]

(c)                Under what circumstances may a holding company excludes a subsidiary from group accounts as provided under the Company Act and the Accounting standard FRS 2.                                                                 [20 marks]

(d)               Explain and provide with illustrative examples the basic concepts underlying the mechanics of consolidated accounts under a following situations:

(i)                  Consolidation of subsidiary immediately after an acquisition of a wholly owned subsidiary

(ii)                Consolidation of subsidiary immediately after an acquisition of a partially owned subsidiary

(iii)               Consolidation subsequent to an acquisition of a wholly owned subsidiary

(iv)              Consolidation subsequent to an acquisition of a partially owned subsidiary

(v)                Consolidation subsequent to an acquisition of a partially owned subsidiary with inter-company trading

(vi)              Consolidation subsequent to an acquisition of a partially owned subsidiary with inter-company indebtedness

(vii)             Consolidation subsequent to an acquisition of a partially owned subsidiary with dividend payable by a subsidiary 

50请厉害ACCOUNGTING的朋友代写 ACCOUNTING。。。。这个月9号就要的。。。。有意请联系。。。谢谢

QUESTION

The legal requirements affecting the accounts of parent companies and their subsidiaries undertakings are contained in the Companies Act 1985 and the Accounting standard FRS 2.  Group accounts in accordance with the Companies Act comprise a consolidated a balance sheet dealing with the state of affairs of the company and all the subsidiaries to be dealt with in group accounts and a consolidated profit and loss account.

Required:

(a)                Explain a group of companies and the purpose of preparing a consolidated financial statement for a group of companies.                                                                                                       [10 marks]

(b)               Explain ‘subsidiary’ in relation to group accounts.                                              [10 marks]

(c)                Under what circumstances may a holding company excludes a subsidiary from group accounts as provided under the Company Act and the Accounting standard FRS 2.                                                                 [20 marks]

(d)               Explain and provide with illustrative examples the basic concepts underlying the mechanics of consolidated accounts under a following situations:

(i)                  Consolidation of subsidiary immediately after an acquisition of a wholly owned subsidiary

(ii)                Consolidation of subsidiary immediately after an acquisition of a partially owned subsidiary

(iii)               Consolidation subsequent to an acquisition of a wholly owned subsidiary

(iv)              Consolidation subsequent to an acquisition of a partially owned subsidiary

(v)                Consolidation subsequent to an acquisition of a partially owned subsidiary with inter-company trading

(vi)              Consolidation subsequent to an acquisition of a partially owned subsidiary with inter-company indebtedness

(vii)             Consolidation subsequent to an acquisition of a partially owned subsidiary with dividend payable by a subsidiary                     (60MARKS)