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Investment in subsidiary

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Investment in subsidiary

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  • September 5, 2020 at 8:45 pm #583612
    Gigakutkha
    Participant
    • Topics: 26
    • Replies: 11
    • ☆

    hi,
    how investment in a subsidiary is accounted for in a SEPARATE statement of financial position of the parent?
    thanks,

    September 6, 2020 at 11:12 am #583672
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7171
    • ☆☆☆☆☆

    Hi,

    It is recognised at cost less impairment.

    Thanks

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