The 2008 Annual Report of Bayer AG states: Subsidiaries that do not have a material impact on

Question:

The 2008 Annual Report of Bayer AG states:

Subsidiaries that do not have a material impact on the Group's net worth, financial position or earnings, either individually or in aggregate, are not consolidated.

Discuss what criteria might have applied in determining that a subsidiary does not have a material impact.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting And Reporting

ISBN: 9780273778172

16th Edition

Authors: Mr Barry Elliott, Jamie Elliott

Question Posted: