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    Mrsrine's Avatar
    Mrsrine Posts: 1, Reputation: 1
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    #1

    Sep 19, 2009, 10:46 AM
    Consolidation of a former subsidiary now associate
    What are the journal entries to consolidate a former subsidiary which turned into an associate during the year.
    rehmanvohra's Avatar
    rehmanvohra Posts: 739, Reputation: 27
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    #2

    Sep 20, 2009, 03:27 AM

    Please refer to International Accounting Standard 28 - Investment in Associates which suggests equity method
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