Parent's share of Associate's Comprehensive income

This topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.

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January 29, 2019 at 5:37 am #503540
lavenite
Member
- Topics: 13
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Hi,
I would like to ask if the parent always gets a share of the associate’s revaluation gains/fair value adjustments.etc. (comprehensive income)?
Thank you!
February 2, 2019 at 2:20 pm #503930
P2-D2
Keymaster
- Topics: 4
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Hi,

Equity accounting involves taking not only the share of the associate’s profit but also the share of the other comprehensive income for the year, which includes and revaluation gains in the year.

Thanks
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