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Search took 0.00 seconds. Search: Posts Made By: ChinoCoug

Forum: Finances

09-19-2008, 06:46 PM

Replies: 7

Finance Industry Accounting Shenanigans

Views: 4,104

Posted By ChinoCoug

I just found out that as long as no one...

I just found out that as long as no one subsidiary holds controlling interest, you don't have to report consolidated.

Forum: Finances

09-12-2008, 10:15 PM

Replies: 7

Finance Industry Accounting Shenanigans

Views: 4,104

Posted By ChinoCoug

I spoke with their accountant and she said it was...

I spoke with their accountant and she said it was a "holding" company. We usually have an "alpha" number linking subs of one corporation, but that "holding" company didn't have one.

Forum: Finances

09-12-2008, 09:28 PM

Replies: 7

Finance Industry Accounting Shenanigans

Views: 4,104

Posted By ChinoCoug

so is it normal for holding companies to have...

so is it normal for holding companies to have almost no revenue and billions of dollars in expenses?

Forum: Finances

09-12-2008, 08:57 PM

Replies: 7

Finance Industry Accounting Shenanigans

Views: 4,104

Posted By ChinoCoug

Finance Industry Accounting Shenanigans

I work for an agency that grants me access to the operations of much of the financial industry. I see reports (not made to the general public) of certain "holding" companies that have, say $1K in...

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