IAS 28, paragraph 17, states: The recognition of income on the basis of distributions received may not

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IAS 28, paragraph 17, states:

The recognition of income on the basis of distributions received may not be an adequate meas¬ ure of the income earned by an investor on an investment in an associate.

Explain why this may be so.

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Financial Accounting And Reporting

ISBN: 9780273778172

16th Edition

Authors: Mr Barry Elliott, Jamie Elliott

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IAS 28, paragraph 17, states: The recognition of income on the basis of distributions received may not

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Financial Accounting And Reporting

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