AKUNTANSI AKUISISI 2 - Harga beli sama dengan Nilai Buku, Kepemilikan Kurang dari 100%

Summary

In this video, Muhammad Hafid from the Accounting Department of Universitas Negeri Semarang discusses acquisition accounting, focusing on different acquisition scenarios. He covers the process of acquiring 100% or less than 100% of shares, both in surplus and deficit situations. Through practical examples, Hafid demonstrates how to account for the purchase, calculate book values, and handle elimination in consolidated financial statements. He emphasizes the importance of eliminating intercompany transactions and properly recording non-controlling interests. The video provides a comprehensive understanding of acquisition accounting with clear, real-world examples.

Takeaways

• 😀 The video covers the topic of acquisition accounting, specifically focusing on the concept of how to handle acquisitions where the subsidiary is either in surplus or deficit.
• 😀 The video discusses four variations of acquisition cases, with the first two focusing on full acquisitions (100%) where the subsidiary is either in surplus or deficit.
• 😀 The second case involves acquiring a subsidiary where the purchase price equals the book value of the subsidiary, and the subsidiary is in a deficit (negative equity).
• 😀 In the third case, a partial acquisition (less than 100%) is discussed, where the subsidiary is in surplus and the price paid for the shares matches the book value.
• 😀 The fourth case also involves a partial acquisition, but this time the subsidiary is in a deficit, and the purchase price still matches the book value.
• 😀 In all examples, the key principle is that the purchase price of shares is directly related to the book value, with no premium or discount involved in the transactions.
• 😀 For consolidated financial statements, the ownership percentage of the acquiring company is crucial for determining the elimination of certain accounts, such as the investment in the acquired subsidiary.
• 😀 A special emphasis is placed on the elimination process during consolidation, particularly when dealing with reciprocal accounts and investments in the company’s own subsidiaries.
• 😀 Non-controlling interest (minority interest) is also discussed, showing how it is represented on the consolidated balance sheet based on the percentage of ownership not held by the parent company.
• 😀 The video concludes with the practical application of the elimination process and the presentation of consolidated financial statements, with special attention to eliminating the investments and reflecting the appropriate ownership percentages of controlling and non-controlling interests.

Q & A

What is the main topic of the video script?

The main topic of the video is acquisition accounting, which focuses on how to handle financial transactions and reporting when one company acquires another.

What is the significance of book value in acquisition accounting?

Book value plays a critical role in determining the fair value of the acquired company. The purchase price is often compared to the book value of the acquired company to assess whether there is a surplus or deficit.

What are the four types of acquisition variations discussed in the video?

The four types of acquisition variations discussed are: (1) 100% acquisition with no surplus or deficit, (2) 100% acquisition with a deficit, (3) less than 100% acquisition with a surplus, and (4) less than 100% acquisition with a deficit.

How is the book value of shares calculated in an acquisition?

The book value of shares is calculated by adding the capital stock and any accumulated retained earnings or deficit of the acquired company. This total is then used to compare with the acquisition price.

Why is elimination necessary during the consolidation process?

Elimination is necessary because when preparing consolidated financial statements, the investment made by the acquiring company in the acquired company is treated as internal. Therefore, transactions between the two companies must be removed to avoid double-counting.

What happens when the acquisition price equals the book value of the acquired company?

When the acquisition price equals the book value, there is no surplus or deficit. In this case, the accounting entries will simply reflect the acquisition cost without any adjustments for goodwill or negative goodwill.

How does a deficit in the acquired company's retained earnings affect the consolidation?

If the acquired company has a deficit in its retained earnings, the deficit is eliminated during consolidation, and the amount is adjusted in the consolidated financial statements. This may result in adjustments to the equity section, specifically under the non-controlling interest category.

What role does the non-controlling interest play in the consolidation process?

The non-controlling interest represents the portion of the subsidiary not owned by the parent company. During consolidation, this interest is shown separately in the equity section, and its share of the subsidiary's net income or loss is accounted for.

What is the significance of surplus in the acquisition process?

A surplus occurs when the acquired company's assets or retained earnings exceed its book value. This surplus is recognized as goodwill in the consolidated financial statements, and it represents the value above the net book value of the company.

How are journal entries recorded when a company acquires less than 100% of another company?

When a company acquires less than 100% of another company, the investment in the subsidiary is recorded at the purchase price, and the elimination entries are made based on the ownership percentage. Non-controlling interest is also recorded to reflect the portion of the subsidiary not owned by the parent company.