Joint venture or Special Purpose Entity

Posted: March 29th, 2022

As an accounting student using the financial statements provided as practical example of the course content for Advanced Accounting please identify an example from the financial statements / annual report for Goldcorp (2018) provided which demonstrates your knowledge for the following sections:
 
Business combination – 100%
Consolidation of non wholly owned subsidiary
Intercompany transaction disclosed or eliminated
Joint venture or Special Purpose Entity
Foreign Currency transaction and related gain/loss; Translation of Consolidated Foreign Operation
For each item identify a financial statement user to who the information is important for and the reason why.
 
Assignment evaluation:
 
For EACH section (i.e. 1-5 above) identified
 
2 marks – user identification and thorough analysis on how this user would use this item
 
7 marks – description and explanation of example demonstrating knowledge of the topic
 
Then, overall for the entire submission:
 
5 marks – grammar, presentation, professionalism – overall (not for each section)
 
Other issues:
 
For each of the 5 sections above, you are limited to one page per section. This will be strictly enforced.