IAS 28, para. 17, states: The recognition of income on the basis of distributions received may not
Question:
IAS 28, para. 17, states:
The recognition of income on the basis of distributions received may not be an adequate measure of the income earned by an investor on an investment in an associate.
Explain why this may be so.
LO24-6
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Related Book For
Financial Accounting And Reporting
ISBN: 9780273703648
10th Edition
Authors: Mr Barry Elliott, Jamie Elliott
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