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What is consolidation of financial statements and how is it treated under US GAAP and IFRS? Enumerate and briefly explain some of the methods of

What is consolidation of financial statements and how is it treated under US GAAP and IFRS?

Enumerate and briefly explain some of the methods of accounting for business combination.

Define goodwill and negative goodwill.

How goodwill and negative goodwill are treated under US GAAP and IFRS?

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