Asked by Franchezka Mendoza on Jun 14, 2024
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The sequential consolidation method uses a 'top down' approach.
Sequential Consolidation Method
A method of accounting that involves integrating the financial information of successive levels of subsidiaries within a group, typically starting with the parent company.
'Top Down' Approach
A strategy or method of analysis that starts at the highest level of data or information and works down to more detailed levels, often used in planning, problem-solving, and decision-making.
- Understand the approaches and fundamental concepts related to multiple consolidation and the sequential consolidation process.
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Learning Objectives
- Understand the approaches and fundamental concepts related to multiple consolidation and the sequential consolidation process.
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