103 vs 110
white devil (7 Points)
25 December 2020
what is the difference between business combination and consolidation ?
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 25 December 2020
Business combination is restructuring of business whereas business consolidated means consolidation of two or more business together by maintaining one business.. consolidating their financial statements together where parent company and holding company consolidates their business
saravana manoj
(7 Points)
Replied 28 December 2020
Business combination is like marriage
consolidation is like living together
consolidation is like living together
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