Accounting for Subsidiaries under the Cost Method and the Equity Method - AcSB
Date recorded:
At its meeting on July 16, 2014, the AcSB amended the scope of the project to include the accounting for an investment using the cost or equity method as the ownership interest changes. An example would be when the ownership interest in an investment increases from a small interest to one that provides significant influence and then control, and the investment is accounted for at cost at each stage.
