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Home / Questions / You are CFO of a large company that has a few subsidiaries. A new board member is unfamili

You are CFO of a large company that has a few subsidiaries. A new board member is unfamili

You are CFO of a large company that has a few subsidiaries. A new board member is unfamiliar with consolidation procedures particularly with respect to the elimination of intercompany inventory transactions. Provide a summary of your talking points with the board member that addresses the elimination entries that are necessary as well as the distinction between upstream and downstream transactions.

Dec 03 2019 View more View Less

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