You are a manger in the accounting office of Greene association.  Greene is a eagerly expanding manufacturing association, and is because some joined acquisitions. The association would relish to variegate, and is hard to determine among the two incongruous scenarios outlined in Part 1 and Part 3.  To succor him fabricate his judgment, the Chief Financial Officer would relish favoring notice on how the immanent acquisitions would pretend financial reporting.

Part 1 - Greene is because variegateing by purchasing an protection association and a obstruct association.  The CFO would relish to apprehend how the accounts of these two actually incongruous subsidiaries would be reputed in the obscure financial statements.  Research the Accounting Standards Codification to see what control is supposing, and furnish a 2-page memo to the CFO delay your findings.  Include in your memo at lowest two examples of situations in which it may be impertinent to integrate similar-appearing accounts of two subsidiaries.

Part 2 - View the established excel rasp to furnish a obscure weigh quibble for Greene.

Part 3 –In a disunited scenario, Greene is investigating purchasing two overseas manufacturing companies that would be middle in Greene’s obscure financial statements as wholly-owned subsidiaries.  One association is located in New Zealand, and the other association is located in Spain.  The CFO would relish to apprehend what factors need to be considered when determining the negotiative circulation for a obscure conducive.  Research the Accounting Standards Codification to see what control is supposing, and furnish a 2-page memo to the CFO explaining the sundry economic indicators to be considered twain partially and confusedly.