Q

Financial Reporting

Sir, if investments are measured thro FVTPL, then they are shown at FV so further CFS is not required.But why does the same logic not apply to FVTOCI? [Video Time Stamp: 08:26] Video Details ------------- Consolidated Financial Statements under Ind AS Consolidated Financial Statements under Ind AS #35. Investment Company Exceptions & Illustration 22

SANSKRITI BADRI 2111339

CA Final

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17-Mar-26 08:16

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Answers (1)

Post acquisition profits of subsidiary are to be recognised in PL. If FV Changes are recognised in OCI, the PL will not give true picture. However, IF it is recognised as FVTPL, then the Consolidated PL will reflect performance of subsidiary

CA Suraj Lakhotia

Admin

20-Mar-26 10:35

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