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- April 7, 2020 at 2:44 pm
Hi Sir, before an investment in associate to become a subsidiary(voting share acquired), the investment in associate usually being equity accounted for, which is cost + post-acquisition profit(CA), how to the change in the carrying amt to the FV(remeasured existing interest to FV at the date of step acquisition) being accounted for? Does the gain or loss go to PnL?
Thank you.
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