Page 36 - Finac2 Test 1 Slides - 1. Consolidated And Separate Financial Statements
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CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS
Investment in subsidiary
• Recognition
• Dividends received from a subsidiary, joint venture or
associate
• Measurement
• When an entity prepares separate financial statements,
it shall account for investments in subsidiaries, joint
ventures and associates either:
• at cost, or
• in accordance with IFRS 9 ( Excluded).
• using the equity method as described in IAS 28 (Excluded).
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