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loss in control of subsidiary

Financial Reporting

in the entry of cfs, will we recognise remaining stake as investment in subsidiary in the books of cfs? So the entry would be Cash acDr 67,50,000 Investment ac Dr 45,00,000 To Net asset 80,00,000 To Goodwill 10,00,000 To p and l 22,50,000 Video Details Consolidated Financial Statements under Ind AS Consolidated Financial Statements under Ind AS 24. Illustration 14


binu mathew

binu mathew

CA Final

0

28-Mar-24 17:00

54

Answers (1)

Yes.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

15-Apr-24 19:28

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