what amount a company states its investment in other companies? Either its cost i.e. historical cost or fair value?
Ask the Tutor ACCA SBR
Consolidation
I think its cost of investment plus any post acq share of profits
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
Sign into reply to this topic.
