Question
With reference to IFRS, discuss the treatment of non-controlling interests where: 1.2 The parent company pays a premium of acquisition of 90% of the subsidiary
With reference to IFRS, discuss the treatment of non-controlling interests where:
1.2 The parent company pays a premium of acquisition of 90% of the subsidiary due to plant being undervalued in the subsidiary's books.
Q2. The subsidiary sells goods at a profit to the parent company which owns 75% of the subsidiary's shares.
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Corporate Financial Reporting In A Competitive Economy (RLE Accounting)
Authors: Herman W. Bevis
1st Edition
1138966819, 9781138966819
