Chapter 15 Glossary

Chapter 15 Glossary - Chapter 15 Glossary...

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Unformatted text preview: Chapter 15 Glossary Available-for-sale (AFS) securities Investments in debt and equity securities that are not classified as trading securities or held-to-maturity securities. Comprehensive income Net change in equity for a period, excluding owner investments and distributions. Consolidated financial statements Financial statements that show all (combined) activities under the parent's control, including those of any subsidiaries. Equity method Accounting method used for long-term investments when the investor has "significant influence" over the investee. Equity securities with controlling influence Long-term investment when the investor is able to exert controlling influence over the investee; investors owning 50% or more of voting stock are presumed to exert controlling influence. Equity securities with significant influence Long-term investment when the investor is able to exert significant influence over the investee; investors owning 20 percent or more (but less than 50 percent) of voting stock are...
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