Participate in the Accounting Standards Board (AcSB) webinar to obtain an understanding of the proposals included in the AcSB Exposure Draft: “Subsidiaries and Investments”.

The proposals clarify the accounting for a subsidiary and an investment subject to significant influence when the cost method is used. The AcSB issued the Exposure Draft in September 2015.

You will learn about:

• Why this project on the cost method was undertaken;
• What the proposed principle is for determining the initial measurement of a subsidiary;
• How to measure the “cost” a subsidiary and investment subject to significant influence;
• How to account for a change in an investor’s interest in an investee; and
• How you can share your views on these proposals.