Equity accounting

This topic has 1 reply, 2 voices, and was last updated 6 years ago by Stephen Widberg.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
November 8, 2019 at 10:42 am #551816
Anonymous
Inactive
- Topics: 51
- Replies: 52
If parent has 40% investment holding, in its “individual” financial statement, is this

1) accounted as FVTOCI as per ifrs 9
2) equity accounted?
November 8, 2019 at 4:50 pm #551847
Stephen Widberg
Keymaster
- Topics: 17
- Replies: 3458
Normally as FVTOCI or at cost. Equity accounting sometimes used if consolidated FS are not being prepared
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.