An LLC, or limited liability company, is a hybrid of a corporation and a partnership. It provides personal asset protection like a corporation and is considered a "disregarded entity" by the IRS, ...

A subsidiary ledger is a special ledger designed to provide information about accounts that would not normally be found in a general ledger. To remain in balance, the total of all accounts listed in a ...

Many of the largest corporations in the world are made up of a collection of smaller companies. So it should come as no surprise that setting up a foreign subsidiary company is a popular option when a ...

Ubisoft has announced the establishment of a dedicated subsidiary based on its Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six brands, spearheaded by an investment of €1.16 billion from ...

Consolidated financial statements combine parent and subsidiary finances for clearer insight. Investors can evaluate influence and returns by checking ownership percentages on balance sheets. Many ...

The companies will have to compete with Cruise, a self-driving startup subsidiary of GM, as well as Tesla, which plans to rollout its Cybercab sometime next year. The latest valuation of Waymo puts it ...