What is the difference between amalgamation and absorption?

Asked by Last Modified  

Follow 12
Answer

Please enter your answer

Eco, Maths and Stats Tutor

Amalgamation is the process of two or more companies joining together to form a new one. Think of Maruti India and Suzuki Japan amalgamating to form Maruti Suzuki. Absorption is when one company acquires another company . No new company is formed. Think of Vodafone acquiring Hutch.
Comments

JU-IITKGP & 10+ years experienced for boards, JEE,NEET,OLYMPIAD & 5-12

Amalgamation is the process of two or more companies joining together to form a new one. Think of Maruti India and Suzuki Japan amalgamating to form Maruti Suzuki. Absorption is when one company acquires another company . No new company is formed. Think of Vodafone acquiring Hutch.
Comments

amalgamation is cosolidation of one or more entity to form form new entity while absorption is only merger of two compay no new company is created. amalgmation includes absorption
Comments

Tutor with 4 yrs of experience in accounting and economics

Amalgamation is the process whereby two or more companies joined together to form a new company whereas when one company amalgates in to another company is said to be absorption.
Comments

Amalgamantion also called erger is the joining together of two organizations/ companies. It is usually equaly footing. Both organizations togeter form a new entity. For example recently Vodafone India and Idea Cellular merged to form Vodafone Idea. Absorption on the otherhand is complete takeover of...
read more
Amalgamantion also called erger is the joining together of two organizations/ companies. It is usually equaly footing. Both organizations togeter form a new entity. For example recently Vodafone India and Idea Cellular merged to form Vodafone Idea. Absorption on the otherhand is complete takeover of one companyby another. The company taking over, remains and retains its identity while the company taken overno longer remains an entity. read less
Comments

View 3 more Answers

Related Questions

I have registered as a home tutor but i am not getting any messages.

PLEASE take premium membership of UrbanPro you will definitely received home tuition enquiry.
Netti surya prakash Rao
0 0
6

What is matching concept in acvount? 

Cost should match with revenue for that period
Harender

How to become a tutor in urbanpro? 

 

TO BECOME A TUTOR IN URBON PRO YOU HAVE DOWNLOAD THE URBAN PRO TUTOR APP FROM PAY STORE . SIGN IN WITH DETAILS . CREATE A PROFILE WHICH WILL ACT AS . ADD VERFICATION DOCUMENTS AND ALL NECESARY DETAILS . TO CONTINOU TUTOR HAVE TO LOGIN TO THE PORTAL
Kiruthiga
difference b/w cash & cash eqivalant..
Cash is basically the money that is available with us in liquid form.And cash eqivalent are those items which can be converted into liquid form as and when required like fixed deposit ,they can be converted...
Madhav

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Generally Accepted Accounting Principles (GAAP)
GAAP is the common set of accounting principles, standards and procedures that organizations use to make accounting transactions and compile their financial statements. GAAP is a combination of: Commonly...

How to Prepare Final Accounts (Step by step procedure) for BBA/ Bcom/ BBM students
Dear Students, Final Accounts question is a very scoring question in the accountancy Paper and is also a compulsory question for most of the boards. So here is the list of simple steps to be follwed...


Introduction of Accounting
Questions: Define Accounting. Ans: Accounting is defined as the systematic process of identifying, recording, classifying, summarising, interpreting and communicating information about financial...

Differences Between book Keeping and Accountancy
Bookkeeping involves the systematic recording, storing, and retrieving of financial transactions. It's more about data entry and maintaining accurate financial records. Accountancy encompasses a broader...

Recommended Articles

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

Quality education does not only help children to get a successful career and life, but it also hugely contributes to society. The formal education of every child starts from school. Although there are numerous schools, parents find it challenging to choose the right one that would fit their child. It is difficult for them...

Read full article >

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you