Exposure draft amendments to IFRS 1 [electronic resource] first-time adoption of international financial reporting standards cost of an investment in a subsidiary
Exposure draft amendments to IFRS 1 first-time adoption of international financial reporting standards cost of an investment in a subsidiary [electronic resource]
- London IASB 2007
Concerns proposals responding to concerns about difficulties encountered by parent companies in measuring the cost of an investment in a subsidiary on adopting IFRSs. Proposes to allow a parent to use a deemed cost to measure its investment in subsidiaries when it first adopts IFRSs. Proposals also alleviates the need to restate the pre-acquisition accumulated profits of a subsidiary for the purposes of classifying dividends.
International
Concerns proposals responding to concerns about difficulties encountered by parent companies in measuring the cost of an investment in a subsidiary on adopting IFRSs. Proposes to allow a parent to use a deemed cost to measure its investment in subsidiaries when it first adopts IFRSs. Proposals also alleviates the need to restate the pre-acquisition accumulated profits of a subsidiary for the purposes of classifying dividends.
International