Query regarding requirement of consolidation of accounts


Vaibhav Kumar Agrawal (Service)     06 April 2019

Vaibhav Kumar Agrawal
Service 
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Suppose Company A is holding 12% equity shares in Company B and both these companies have a common director. Considering these facts whether consolidated accounts required to be prepared by Company A as per provisions of Ind AS 110 ?????

 

Please guide.

avater

Vishesh Surana   06 April 2019

Vishesh Surana

 293 likes  4852 points

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yes, it is associates concern


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