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Good day Sir,
Thank you in advance for your help.
I have an example of task. Company A in Country A is 100% owner of Company B in Country B. Company A made an agreement with company C to sale of 20% of shares without fee with the obligation to invest a certain sum in the following period.
What is the accounting treatment in single financial statements in company A and for consolidated financial statements?
What do you think the treatment should be? Have a think about it, let me know your answer and then we can talk it through. I’m not here to just outright answer questions without you having first demonstrated that you have attempted it, plus this scenario is more aligned to SBR as opposed to FR.