Question
Juliet Ltd is a listed public company and has a 60% controlling interest in Marley Pty Ltd. Marley Pty Ltd is the parent of Butterscotch
Juliet Ltd is a listed public company and has a 60% controlling interest in Marley Pty Ltd. Marley Pty Ltd is the parent of Butterscotch Pty Ltd. In which of the following situations will Marley Pty Ltd not be required to prepare consolidated financial statements?
Select one:
If Marley Pty Ltd prepares separate financial statements that comply with IFRS.
Marley Pty Ltd would never be required to prepare consolidated financial statements
Where it is likely that there are external users dependant on the information
If the other owners of Marley Pty Ltd have consented to the non-preparation of consolidated financial statements
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