Covid19 Alert : Keep Social distance and utilize your time by joining CA CS CMA online classes at 30% disc Coupon: SAFE30 Call : 1800-3000-0505

Consolidation of a associate


Rajeev Thakur   04 December 2019

Rajeev Thakur

 8 points

| My Other Post

Suppose
If XYZ ltd has invested 30% in ABC Ltd.
Further ABC Ltd has invested 25% in MNO Ltd
Then, As per AS-23, ABC Ltd is required to consolidate MNO Ltd.
My query is does XYZ Ltd is required to consolidate its Book after considering consolidated books prepared by ABC or standalone ABC??




Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »





Download the latest Question Papers for free

click here