IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v1y2010i1p541-547.html
   My bibliography  Save this article

Consolidation Policy: Past, Present And Future Approaches To The Concept Of Control

Author

Listed:
  • Müller Victor-Octavian
  • Cardos Ildiko Reka
  • Ienciu Alin Ionel

Abstract

Preparing consolidated financial statements has been a common practice for groups of companies around the world for a relatively long time, going back one century in the USA and tens of years in different European countries.A far-reaching issue regarding consolidation accounting policy is the concept of control, as it holds a crucial role in determining the basis of consolidation and the applicable method of consolidation and subsequently in influencing the content of the group financial statements. We focus in our article on the concept of exclusive control as it is approached by the relevant International, American and European standards, casting light also on possible future developments of this concept. The objective of our study is to acknowledge the differences and similarities between the approaches to the control concept, closing with the presentation of the influences of these approaches on the basis of consolidation.

Suggested Citation

  • Müller Victor-Octavian & Cardos Ildiko Reka & Ienciu Alin Ionel, 2010. "Consolidation Policy: Past, Present And Future Approaches To The Concept Of Control," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 541-547, July.
    • Handle: RePEc:ora:journl:v:1:y:2010:i:1:p:541-547
    as

    Download full text from publisher

    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n1/084.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Group; Consolidation; Control; IFRS;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:1:y:2010:i:1:p:541-547. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin ZMOLE (email available below). General contact details of provider: https://edirc.repec.org/data/feoraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.