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Equity accounting

Former userFormer user6y ago
If parent has 40% investment holding, in its "individual" financial statement, is this 1) accounted as FVTOCI as per ifrs 9 2) equity accounted?
stephenwidbergstephenwidbergTutor6y ago#1
Normally as FVTOCI or at cost. Equity accounting sometimes used if consolidated FS are not being prepared
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