Consolidating company accounts
In the past Communiqué has written about how not to lose Twitter followers, but below are recommended steps catered to Linked In that a company should implement before deleting an account. Every day for 10 business days, communicate that the account is moving by posting something along these lines: “We’re moving on Aug. Connect with us here [new home] to continue getting our updates.” 3. During the transition period, only post reminders about the move from the Linked In account that is being discontinued.IFRS 10 Consolidated Financial Statements outlines the requirements for the preparation and presentation of consolidated financial statements, requiring entities to consolidate entities it controls.Control requires exposure or rights to variable returns and the ability to affect those returns through power over an investee.An investor considers all relevant facts and circumstances when assessing whether it controls an investee. An investor that holds only protective rights cannot have power over an investee and so cannot control an investee [IFRS , IFRS ].An investor controls an investee when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. An investor must be exposed, or have rights, to variable returns from its involvement with an investee to control the investee.