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Is my Interpretation is correct?

Financial Reporting

Loss of Control means Holding investment below 50% isn't For example:Before Change we hold 75% and after change 65% as it is not loss of control we show in Finance Activity If Before Change it is 75% and after change it is 48% it is loss of control so we show in Investment Activity isn't it Video Details Ind AS - CA Final Ind AS 7 Cash Flow Statements 20. Changes in Ownership Int in Subsidiaries

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Surya Prakash

Surya Prakash

CA Final

14K+

21-Feb-24 18:32

93

Answers (2)

Yes


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

21-Feb-24 18:33

Ok sir


Thread Starter

Surya Prakash

Surya Prakash

CA Final

14K+

21-Feb-24 18:33

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