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John Moffat says
February 20, 2020 at 7:24 am
I do not say that it won’t show at all.
If there is no consolidation then the investment simply appears in the accounts of the company owning the shares, at cost as usual.
February 20, 2020 at 2:12 am
Mr John, But in your lecture note it says that if no consolidation, associates will be treated as a trade investment; non current asset in the SoFP, so how do you say it won’t show at all? This is pretty confusing. Is it that the it won’t include retained profits to the figure or it won’t show at all? Pls reply. Thank you
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