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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › group's financial assets
Sir , could u please help me in clarifying this issue
If the parent company hold the investment in sub @ FV wether PL or OCI, my question how we deal this issue in consolidation, do we add the gain or loss on revalu’n to the pl or OCI, or we subtract it, I have face this issue in many questions everytime is different,
And does the treatment differs if we sold that investment
Thank alot
Am I not correct that IFRS9 specifically does not relate to investments in subsidiaries?