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Single figures for shareholders' funds

Authors :
Sherwood, Ken
Source :
Accountancy. April, 1989, Vol. 103 Issue 1148, p30, 2 p.
Publication Year :
1989

Abstract

Companies will inflate their stockholders' equity unless they adopt the equity method in evaluating investments in subsidiary and associate companies. Current rules and regulations governing this area contain ambivalent language which may be a reason that the majority of UK companies are shying away from using the equity method. One possible compromise is to include footnotes to disclose the cumulative amount of overlaps on a holding company's balance sheets.

Details

ISSN :
00014664
Volume :
103
Issue :
1148
Database :
Gale General OneFile
Journal :
Accountancy
Publication Type :
Periodical
Accession number :
edsgcl.7309844