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#166 Book Breakdown (2 of 2): “The Essays of Warren Buffett: Lessons for Corporate America” by Lawrence Cunningham | Outliers with Daniel Scrivner

Outliers with Daniel Scrivner: Explore the Greatest Innovators, Founders, and Investors

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Categories of Ownership Interest in Accounting

This chapter discusses the different categories of ownership interest and how it affects accounting principles. It covers full consolidation requirements for holdings over 50% owned, inclusion of earnings from holdings between 20% and 50%, deductions for minority interest, and the treatment of holdings under 20% ownership.

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