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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › fair value
why does the subsidiary not show assets at their fair value in their bks of account if their were fair value adjustment at the time when parent acquired subsidiary
Why should they? Unless they choose to adopt the valuation model they will continue to show matters at cost!
thanks for tht simple logic
No problem – keep it simple if it is simple!
