Updated Online video classes available for CA,CS,CMA for May20 and Nov20 batch. Call: 1800-3000-0505

Consolidation of a associate

Rajeev Thakur   04 December 2019

Rajeev Thakur

 8 points

| My Other Post

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