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Ask the Tutor ACCA SBR

Consolidation

Ffngacca12y ago
what amount a company states its investment in other companies? Either its cost i.e. historical cost or fair value?
Hhasanali9512y ago#1
I think its cost of investment plus any post acq share of profits
MikeLittleMikeLittleTutor12y ago#2
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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