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Consolidation

This topic has 2 replies, 3 voices, and was last updated 11 years ago by MikeLittle.

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November 4, 2013 at 3:52 pm #144534
fngacca
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what amount a company states its investment in other companies? Either its cost i.e. historical cost or fair value?
November 6, 2013 at 10:53 am #144725
hasanali95
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I think its cost of investment plus any post acq share of profits
November 7, 2013 at 4:34 pm #144864
MikeLittle
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No, it’s cost. In the parent’s own financial statements, it’s cost – unless it’s at fair value because the investment is now classed as held for sale
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