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Difference between Power and Control

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Difference between Power and Control

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  • September 22, 2016 at 7:38 pm #341404
    Arun
    Member
    • Topics: 16
    • Replies: 26
    • ☆

    Hi,

    In the context of consolidation what is the difference between power and control?

    Thanks.

    September 23, 2016 at 2:03 pm #341447
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7079
    • ☆☆☆☆☆

    Hi,

    Control is the power to direct the operating and financing decisions within a business. Having the power is saying that you have the ability to do something, so here the ability to direct.

    Thanks

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