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    suewee's Avatar
    suewee Posts: 1, Reputation: 1
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    #1

    Mar 7, 2009, 01:24 PM
    What is referred to single-line consolidation
    What is referred to in accounting as a single-line consolidation?
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
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    #2

    Mar 7, 2009, 06:15 PM

    Consolidations imitate family trees.
    Single line Consolidation is the consolidation
    Of subsidiaries ONLY having no sub-subsidiaries.
    Children only NO grand-children.
    hamzashakaa's Avatar
    hamzashakaa Posts: 161, Reputation: 8
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    #3

    Mar 8, 2009, 01:02 AM

    Actually single- Line Consolidation or One - Line consolidation is the equity method of accounting. When you own from 20-50 % of a company you usually apply the equity method for your investment in associate. When the associate has net income for 100,000 and you own 30% of it. You will record a revenue account called equity in income of an associate for the amount of 30,000. So you will have only one line. That's why its called single-line. In the contrary when you own more than 50% of a subsidiary you will perform what's called consolidation and you will aggregate all revenues and expenses account with the revenues and expenses accounts of the subsidiaries. So its not a single line.
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