ARB No. 51
E453758
ARB No. 51 is a historical U.S. accounting standard issued by the Committee on Accounting Procedure that provided guidance on consolidated financial statements.
All labels observed (1)
| Label | Occurrences |
|---|---|
| ARB No. 51 canonical | 1 |
Statements (36)
| Predicate | Object |
|---|---|
| instanceOf |
Accounting Research Bulletin
ⓘ
Historical accounting pronouncement ⓘ U.S. accounting standard ⓘ |
| appliesTo |
General-purpose financial statements
ⓘ
Parent companies with subsidiaries ⓘ |
| citationForm | ARB No. 51, Consolidated Financial Statements NERFINISHED ⓘ |
| codifiedIn | FASB ASC Topic 810 NERFINISHED ⓘ |
| countryOfOrigin |
United States of America
ⓘ
surface form:
United States
|
| documentType | Authoritative accounting literature ⓘ |
| field |
Consolidated financial statements
ⓘ
Financial accounting ⓘ |
| governs | Consolidation policy under historical U.S. GAAP ⓘ |
| hasLegalForm | Professional standard ⓘ |
| influenced | Later FASB consolidation standards ⓘ |
| issuedBy |
American Institute of Accountants
NERFINISHED
ⓘ
American Institute of Certified Public Accountants NERFINISHED ⓘ Committee on Accounting Procedure NERFINISHED ⓘ |
| language | English ⓘ |
| mainSubject |
Consolidation of financial statements
ⓘ
Parent–subsidiary relationships ⓘ |
| objective |
To improve comparability of consolidated reporting
ⓘ
To standardize practice for consolidated financial statements ⓘ |
| partOf | Accounting Research Bulletins series NERFINISHED ⓘ |
| providesGuidanceOn |
Elimination of intercompany transactions
ⓘ
Preparation of consolidated financial statements ⓘ Presentation of noncontrolling interests ⓘ When to consolidate subsidiaries ⓘ |
| regulatoryDomain | U.S. GAAP NERFINISHED ⓘ |
| status | Superseded ⓘ |
| supersededBy |
FASB Accounting Standards Codification
NERFINISHED
ⓘ
FASB Statement No. 160 NERFINISHED ⓘ FASB Statement No. 94 NERFINISHED ⓘ |
| timePeriod | 20th century ⓘ |
| usedBy |
Accountants
ⓘ
Auditors ⓘ Financial statement preparers ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.