Page 9 - PowerPoint Presentation
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CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS
Outcomes
• Account for the cost of investments in subsidiaries, joint
ventures and associates in the separate financial statements
of the investor (IAS 27.9-.14) either:
• At cost;
• In accordance with IFRS 9; or
• Using the equity method as described in IAS 28.
• Account for dividends from subsidiaries, joint ventures and
associates (IAS 27.12).
• Disclosures in separate financial statements (IAS 27.15-.17).
• Disclosures in consolidated financial statements
(IFRS 12).
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