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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › investment
If a company has a 40% shareholding in another company and that is its only investment then why will it be consolidated and not included as investment in the group accounts
Presumably because they have the power to direct the activities of the company through voting rights or contractual arrangement.
In the answer why is the reason given as that it is its only investment
