Session 11

1
Session 11Acquired Subs., Continued

• Chapter 6
• Post Acquisition100 acquired subs.
• Less Than 100 acquired subs.
• Goodwill Impairment (10/27)

2
Recall the Conceptual Analysis

• P-Co. Investment S-Co. Eq. Excess GW
• BV Excess C/S R/E

3
Post Acq. Entries

• Update BV Element
• Calculate Basic Elimination Entry
• Update Excess Element
• Calculate Unamort. Excess Entry
• Calculate Amort. Excess Entry
• Calculate Amort. Excess Reclass Entry
• Caluclate Accum. Depr. Elim. Entry

4
Less Than !00 Sub.

• Theory
• Entries

5
Less Than 100 Theory

• Partial revaluation (PCC) versus Full (EUC)
• Goodwill Pure (EUC) versus Unpure (Both)
• Goodwill is residual under PCC

6
Less Than 100 Conceptual Analysis

• NCI-NA P-Co. Investment S-Co. Eq.
  Excess GW
• BV Excess C/S R/E

7
Less Than 100 Entries

• Update BV Element
• Calculate Basic Elimination Entry
• Update Excess Element
• Calculate Unamort. Excess Entry
• Calculate Amort. Excess Entry
• Calculate Amort. Excess Reclass Entry
• Caluclate Accum. Depr. Elim. Entry