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Ask the Tutor ACCA SBR

complex groups

Aamrita15y ago
hey..
wanted to ask.. if a owns 60% of B, B owns 60% of C.. how do we account for c in the fs??
MikeLittleMikeLittleTutor15y ago#1
as a sub-subsidiary with a total nci %age of 64% and the parent's interest is 36%
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