Some investors in Amalgamated Holdings Ltd who have limited accounting knowledge, particularly about equity accounting, have asked

Question:

Some investors in Amalgamated Holdings Ltd who have limited accounting knowledge, particularly about equity accounting, have asked you to provide a report to them commenting on:
• The differences between associates and partnerships
• The determination of the date of significant influence
• Realisation of profits/losses on inter-entity transactions
• Recognition of losses of an associate.