Step acquisition

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May 14, 2018 at 9:38 am #451838
mumbaikar
Participant
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Hi. My other question is what adjustments are necessary from moving to associate from an investment(ifrs 9)
The movement doesnt earn you a control basically!?
May 16, 2018 at 8:04 pm #452310
P2-D2
Keymaster
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Hi,

You need to revalue the investment to fair value, which is then the cost figure in the investment in associate on the statement of financial position.

Thanks
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