Consolidation

By AcSB
Published: August 2016

Do your private enterprise clients prepare consolidated financial statements? Have they prepared for the changes to Section 1591, Subsidiaries, and Section 3056, Interests in Joint Arrangements, which are effective for annual periods beginning on or after January 1, 2016? Make sure you read this FYI article Subsidiaries and Interests in Joint Arrangements: Take Advantage of the Transitional Provisions in 2016. It highlights the availability of transitional provisions on initial transition to Sections 1591 and 3056.

Consolidation