What is Holding Company?
Answer / chalapathi rao govada
Accounting stnadard 21 issued by ICAI
A company which holds or controls the other company either
by share holdings or Majority on Board of directors either
singly or along with its subsidiaries the former company is
known as Holding company.
summary:
One company controls the other company by way of
1)Holding more than 50% of the paid up share capital
2)Holding the majority of on the Board of directors.
either singly or together with its subsidiaries, the first
company is known as holding company and the later company
is known as subsidiary compnay.
AS-21 explains the methodology for preparation of
consolidated financial statements for holding companies to
represents its holdings in its subsidiaries.
Is This Answer Correct ? | 6 Yes | 2 No |
what is method of deperciation?
what is ment by master in tally?
Does NAV go up or down when dividend are declared on Mutual funds?
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
what is the difference between gross profit and net profit?
Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.
what is the difference between financial accouning and financial management?
what is the meaning of fbt? tell me diffrent type of fbt rate? & when it will consider in accounting?
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
Diiference between Cash & Mercantile System
What should be the entry passed for TDS deduction by the Company and tds deducted on the Company? Can tds refund on FD foreclosure be adjusted aganist the tds deducted on the Company?
Expand------------RST