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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › FVOCI equity interest derecognised
case 1: if equity interest of 8% measured at FVOCI disposed off, FV of retained interest $0.5m greater than carrying amount, where does gain go? SPL or OCI?
case 2: equity interest of 8% measured at FVOCI, increased to 60% total. FV of retained interest $0.5m greater than carrying amount(like above), where does gain go? consolidated SPL or OCI?
If FVOCI – then everything is OCI.
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