Global integration method (II)
DOI:
https://doi.org/10.51302/rcyt.2011.6729Keywords:
control, business combination, homogenization, aggregation, acquisition date, acquirer, acquired company, cost of business combination, fair value, goodwill, minority interestsAbstract
The aim of this paper is the introduction to the method of global integration, which is applied to consolidate the subsidiaries that are part of the group.
The article discusses the preliminary phases of consolidation, that means, how the various group companies must adjust their individual accounts to make them uniform among them, to be included in the consolidation process.
Additionally, it explores the acquisition method and its application, considering the way to set the date of acquisition, to identify the acquired company and acquiring, to determine the cost of business combination to the acquiring company and the value which should recognize assets acquired and liabilities of the acquired company.
The article examines the case of a business acquisition in several stages.
Moreover, it sets the manner of calculating and accounting for goodwill or negative goodwill, as appropriate.
Finally, addresses the issue of partners outside the group (minority interests) and how they should be reflected in the consolidated accounts.
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References
Real Decreto 1159/2010, de 17 de septiembre, por el que se aprueban las Normas para la Formulación de Cuentas Anuales Consolidadas y se modifica el Plan General de Contabilidad aprobado por el Real Decreto 1514/2007, de 16 de noviembre y el Plan General de Contabilidad de Pequeñas y Medianas Empresas aprobado por el Real Decreto 1515/2007, de 16 de noviembre.
Real Decreto 1514/2007, de 16 de noviembre, por el que se aprueba el Plan General de Contabilidad.
Real Decreto 1515/2007, de 16 de noviembre, por el que se aprueba el Plan General de Contabilidad de Pequeñas y Medianas Empresas.
Ley 16/2007, de 4 de julio, de reforma y adaptación de la legislación mercantil en materia contable para su armonización internacional con base en la normativa de la Unión Europea
Código de Comercio.
De las Heras Miguel, L. [2009]: Normas de consolidación. Comentarios y casos prácticos. CEF. 5.ª edición.
