Sir in this article, (example 6) why did the 3 million in OCI was added to the sales proceeds and fair value of interest retained, while calculating loss on disposal of subsidiary?
https://www.accaglobal.com/uk/en/student/exam-support-resources/professional-exams-study-resources/strategic-business-reporting/technical-articles/business-combinations.html
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Disposal of controlling interest
6y ago#1I think the article may date from a time when gains or losses on equity investments were recycled from OCI to P&L.
So I think the adjustment would not now be made,
If I change my mind I will post again!
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