(BQ) Part 2 book “Advanced financial accounting” has contents: Additional consolidation reporting issues, not-for-profit entities, segment and interim reporting, corporations in financial difficulty, governmental entities - introduction and general fund accounting, and other contents. | Confirming Pages Chapter Ten Additional Consolidation Reporting Issues Multi-Corporate Entities Business Combinations Consolidation Concepts and Procedures Intercompany Transfers Additional Consolidation Issues Multinational Entities Reporting Requirements Partnerships Governmental and Not-for-Profit Entities Corporations in Financial Difficulty ADVANCED CONSOLIDATION ISSUES AT GOOGLE Larry Page and Sergey Brin founded Google Inc. while they were doctoral students at Stanford University in the mid-1990s. Google began, of course, as an Internet search engine. The company was incorporated in September 1998 and went public in August 2004. Although Google is best known for its search engine, the company has expanded into various online tools and products. Some of its better-known products are its Gmail e-mail software; its Web browser, Google Chrome; and its satellite map program, Google Earth. During its relatively short existence, Google has become one of the most wellknown high-tech companies in the world. Google Inc. has acquired a relatively large number of companies in just over a decade. In fact, between 2001 and 2012, Google was involved in 116 separate acquisitions. Three of the most visible of these acquisitions were Applied Semantics in 2003, YouTube Inc. in 2006, and Motorola in 2012. Due to its rapid growth, Google went from a small start-up company with relatively simple accounting to a global company with fairly complex accounting in just a few years. Although prior chapters have introduced the preparation of consolidated income statements, statements of retained earnings, and balance sheets, Google also prepares a consolidated statement of cash flows. Moreover, although prior chapters have assumed that all acquisitions used in the illustration have taken place at the beginning or the end of the fiscal year, none of Google’s acquisitions took place at the turn of a new fiscal year. Finally, although prior chapters have ignored .
