Associate: Difference between revisions
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''Financial accounting.'' | ''Financial accounting.'' | ||
An investment is classed and accounted for as an associate (or associated undertaking) when: | An investment is classed and accounted for as an associate (or associated undertaking) when: | ||
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* [[Joint venture]] | * [[Joint venture]] | ||
* [[Subsidiary undertaking]] | * [[Subsidiary undertaking]] | ||
Revision as of 15:32, 29 July 2013
Financial accounting.
An investment is classed and accounted for as an associate (or associated undertaking) when:
(i) the investor exercises significant influence over the operating and financial policies of the other entity, which is normally through holdings of over 20%, but less than 50%; and
(ii) that other entity is not a subsidiary undertaking and the investment does not constitute an interest in a joint venture.
