USCPA 過去問 Consolidated reporting



親と子のそれぞれ保有しているLiability、それから、子Liabilityのうち、子から親に支払う予定のNotes Payable をどう処理すべきか
Notes payable は親子間で相殺されますので! 
親子のLiability 合計からマイナスとなります!!
King, Inc. owns 70% of Simmon Co.'s outstanding common stock. King's liabilities total $450,000, and Simmon's liabilities total $200,000. Include in Simmon's financial statements is a $100,000 note payable to King. What amount of total liabilities should be reported in the consolidated financial statements?
  • $520,000
  • $550,000
  • $590,000
  • $650,000


上は、450000 + 200000 - 100000 = 550000









(これはLiability とかに限らず、株式の売買や配当の支払合いなどにも通じます)

Intercompany 間の、と聞かれても、Receivable/Payable は全部消されます。)

Jane Co. owns 90% of the common stock of Dun Corp. and 100% of the common stock of Beech Corp. On December 30, Dun and Beech each declared a cash dividend of 100,000 for the current year. What is the total amount of dividends that should be reported in the December 31 consolidated financial statements of Jane and its subsidiaries, Dun and beech?
  • $10,000
  • $100,000
  • $190,000
  • $200,000




残り10%は、親会社ではなく、ほかの対象に払われた配当なので認識する。noncontrolling interest とする






また、Statement of Retained Earningsでは、親の情報のみ開示され、子の情報、また、Noncontrolling interest 勘定は無視できます!!!


 On January 2, of the current year, Peace Co. paid $310,000 to purchase 75% of the voting shares of Surge Co. Peace reported retained earnings of $80,000, and Surge reported contributed capital of $300,000 and retained earnings of $100,000. The purchase differential was attributed to depreciable assets with a remaining useful life of 10 years. Peace used the equity method in accounting for its investment in Surge. Surge reported net income of $20,000 and paid dividends of $8,000 during the current year. Peace reported income, exclusive of its income from Surge, of $30,000 and paid dividends of $15,000 during the current year. What amount will Peace report as dividends declared and paid in its current year's consolidated statement of retained earnings?

  • $ 8,000
  • $15,000
  • $21,000
  • $23,00


必要だったのは下線部の情報だけ (んなもんしるかボケ!!!って感じですよね。知らない前提だったら全部読むしかないじゃん)







Depreciation 計上は相殺されません。

子のDepreciation 基準ではなく、親の基準を連結上は適用する

Zest Co. owns 100% of Cinn, Inc. On January 2, Zest sold equipment with an original cost of $80,000 and a carrying amount of $48,000 to Cinn for $72,000. Zest had been depreciating the equipment over a five-year period using straight-line depreciation with no residual value. Cinn is using straight-line depreciation over three years with no residual value. In Zest's December 31, consolidating worksheet, by what amount should depreciation expense be decreased?
  • $0
  • $ 8,000
  • $16,000
  • $24,000


 親の償却: 80000 ÷ 5 = 16000 これであるべき。

 子の償却: 72000 ÷ 3 = 24000 親と比べて償却費が8000多いので、

8000を 連結で修正する。