Computer Project Alternative Investment Methods, Goodwill Impairment, and unite fiscal Statements In this project, you are to provide an analysis of resource account statement manners for controlling interest investments and concomitant military groups on amalgamated reporting. The project requires the use of a computer and a spreadsheet software package (e.g., Microsoft ExcelĂ‚®, etc.). The use of these tools allows you to assess the sensitivity of alternative accounting systems on consolidated monetary reporting without preparing several(prenominal) similar worksheets by hand. Also, by modelling a worksheet process, you suffer develop a better apprehension of accounting for unite reporting entities. p. 135 Consolidated Worksheet cookery You will be creating and entering formulas to hit four worksheets. The original clinical is to demonstrate the effect of antithetic methods of accounting for the investments (equity, sign value, and partial equity) on the par ent companys tribulation balance and on the consolidated worksheet subsequent to acquisition. The second objective is to show the effect on consolidated balances and key financial ratios of recognizing a saving grace impairment loss. The project requires preparation of the adjacent four give away worksheets: a. Consolidated information worksheet (follows). b. Equity method consolidation worksheet. c. sign value method consolidation worksheet. d. incomplete equity method consolidation worksheet. If your spreadsheet package has multiple worksheet capabilities (e.g., Excel), you fanny use severalise worksheets; otherwise, from each one of the four worksheets can expect in a separate area of a adept spreadsheet. In formulating your solution, each worksheet should link directly to the first worksheet. Also, life free to nark to supplemental schedules to enhance the capabilities of your worksheet. Project Scenario Pecos conjunction acquired 100 perc ent of Suaros outstanding stock for $1,450,0! 00 cash on January 1, 2012,...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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