banner_ad

Consolidation requirement

331 views 7 replies

A company holds 75 percent share of partnership firm. Is consolidation applicable in this case?

If consolidation is done and the same has to be attested under which category shall the same be done?

 

Replies (7)
Ok a company holds 75 percent share . max holding.
holding and subsidiary

No consolidation required as per AS due to cost constraints

Pls explain

Not me but you Mr @ Dhanya G

Wjo told cost is a concern
What is this???

Cost constraint refers to the constraint that the information to be reported when the benefits to be derived is greater than the cost incurred for reporting the particular information. If the reporting is too expensive then the information is not included in financial records.

New conceptual framework of indas. You must be having it in AS asceell


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details