Content 2 Accounting policies and valuation criteria applied Company IFRIC 17 — Distributions of Non-cash Assets to Owners If a parent company has $2 million in asset totals and the subsidiary has $500,000, the combined assets are $2.5 million ($2 million + $500,000). Purpose-Built Financial Application – purpose-built financial consolidation applications https://www.bookstime.com/ are designed to…