A parent measures its investment in subsidiary at cost in separate financial statements as permitted by para 10(a) of IS 27. Can it subsequently change ...
Under the proposed standard, known as IAS 27, funds made up of a portfolio of high-risk new companies would have to issue ‘consolidated accounts’, with valuations based on the profit and losses that ...
The International Accounting Standards Board (IASB), based in London, is committed to developing a set of high quality, global accounting standards that require transparent and comparable information ...