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Associate and Subsidiary

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Associate and Subsidiary

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by P2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 1, 2017 at 7:48 am #384407
    salman7
    Participant
    • Topics: 77
    • Replies: 36
    • ☆☆

    Dear sir,

    1. Can we define an associate as being a company on which we have significant influence (we have the power to participate in the financial and operating policy decisions of that company)?

    2. Can we define a subsidiary on which we have control (we have the power to direct its operating and financing decisions)?

    Thanks,
    Laiq

    May 1, 2017 at 8:13 pm #384504
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7198
    • ☆☆☆☆☆

    Hi,

    It’s a yes on both accounts above.

    Thanks

  • Author
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