subsidiary be excluded from consolidation

This topic has 1 reply, 2 voices, and was last updated 3 years ago by P2-D2.

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November 30, 2022 at 7:23 am #672904
Amrit123
Participant
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Hi there,
If the subsidiary was acquired with the intention of reselling it after a short period
of time then is it necessary to consolidate the subsidiary ?
December 3, 2022 at 1:04 pm #673218
P2-D2
Keymaster
- Topics: 4
- Replies: 7235
Hi,

No, if we acquire it with the intention to sell then it is not consolidated.

Thanks
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