- This topic has 1 reply, 2 voices, and was last updated 4 years ago by
P2-D2.
P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
salman7
- Topics: 76
- Replies: 36
- ☆☆
Dear sir,
If we sale the shares of a subsidiary (for example we were holding 70% of shares of a Subsidiary and we sale 40% of the shares such that it become Associate), do we need to make discontinued operation disclosures. Is it linked to discontinued operations in any way?
Thanks,
P2-D2
- Topics: 4
- Replies: 6301
- ☆☆☆☆☆
Hi,
In the group accounts it would be considered a disposal group and treated as discontinued as we no longer have control of the subsidiary.
In the individual accounts it would not be a discontinued operation.
Thanks
salman7
P2-D2Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.