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Equity Accounting |
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Equity Accounting A method of accounting where a company lists undistributed profits from an affiliated company (or a company in which it holds a substantial, but not controlling, interest) on its balance sheet. This may improve the appearance of the company's financial health, whether or not the undistributed profits are eventually distributed to the company. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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