Hi, quick (and stupid) question… I thought I remember reading that accounting method had no effect on NI and equity. Wasn’t there a part in this reading that showed the same company being reported differently, but always ending up with the same NI and equity, but all other numbers were affected?
equity proportional consolidation and consolidation have same NI and same equity
straight from hot sauce: 1) NI same for all three methods 2) Equity same for all three methods 3) Assets and Liabilities hightest under consolidation and lowest for equity method; proportionate in between. 4) sales highest for consolidation and lowest for equity; proportionate in between.
why do you pay for hot sauce i could have told you what you just wrote…
i’m a moron, the questions i got wrong were purchase vs. pooling.