Scope of consolidated financial statements Ind AS 2714th September 2022 0 By indiafreenotes
A parent company that presents its consolidated financial statements must consolidate all of its subsidiaries, foreign as well as domestic.
Where a company doesn’t have any subsidiary, however, has associates and/or joint ventures such company also needs to prepare consolidated financial statements as per Accounting Standard 23 – Accounting for Associates in Consolidated Financial Statements and Accounting Standard 27 – Financial Reporting of Interests in JVs respectively.
- This Standard shall be applied in the preparation and presentation of consolidated financial statements for a group of entities under the control of a parent.
- This Standard does not deal with methods of accounting for business combinations and their effects on consolidation, including goodwill arising on a business combination (see Ind AS 103 Business Combinations).
- This Standard shall also be applied in accounting for investments in subsidiaries, jointly controlled entities and associates when an entity elects, or is required by law, to present separate financial statements.
TagsAdvanced Accounting B.com Notes Advanced Accounting Notes Advanced Corporate Accounting Bangalore University B.com Notes Advanced Corporate AccountingOsmania University B.com Notes Advanced Financial Accounting B.com Notes Auditing and Reporting Bangalore University b.com Notes Auditing Osmania University B.com Notes b.com free notes download Bangalore University NEP 2021 Syllabus Notes Banglore university B.com Notes Banglore University BBA Notes Banking and Financial Services free Notes download Banking and Financial Services Notes Banking Operations and Innovations Bangalore University BBA Notes bba free book download bba free notes download Behviourial Science Bangalore University BBA Notes bms free notes download Brand Management Mumbai University BMS NOtes Business Communication BMS Notes Business communication BMS Notes Download Business Documents Business economics Business EconomicsOsmania University b.com Notes Business Environment Business Ethics Business Fiannce Bangalore University BBA Notes Business Management & Startups Business Organization Business Policy & Strategic Management-I Business Regulations Notes Business Research BMS Notes Business Statistics notes Business Statistics-2 Osmania University B.com Notes Change Management BMS Notes Computer & IT Applications-II Conflict & Negotiation BMS Notes Corporate Accounting Bangalore University b.com Notes Corporate Accounting Bangalore University BBA NOtes Corporate Accounting Osmania University b.com Notes Corporate Governance Osmania University b.com Notes Corporate Restructuring Mumbai University BMS Notes cost Accounting Osmania University b.com Notes Cost Control and Management Accounting Osmania University b.com Notes Cost Management Bangalore University b.com Notes Costing Methods Bangalore University B.com Notes Customer Relationship Management Digital Fluency E-Business & Computerized Accounting Bangalore University B.com Notes Entrepreneurship and Family Business-I Event Management Financial & Management Accounting-II Financial Accountancy Financial Accounting Bangalore University BBA Notes Financial Accounting Notes Download Financial Decision Making Osmania University B.com Notes Financial Decision Making-2 Osmania University b.com Notes Financial Institutions and Market b.com notes Financial Institutions and Market notes Financial Institutions and Markets BMS Notes Financial Institutions and Regulatory Bodies Bangalore University BBA Notes Financial Literacy Financial Management Financial Management Osmania University B.com Notes Free b.com Books Download Free BBA Books Download Fundamentals of Accountancy Fundamentals of Business Analytics Osmania University b.com Notes HR5.5 Performance Management Bangalore University B.com Notes HR5.6 Strategic Human Resource Management Bangalore University B.com Notes HR6.5 Labour Welfare and Social security Bangalore University B.com Notes HR6.6 International Human Resource Management Bangalore University B.com Notes HRM free books Download HRM in Global Perspective Mumbai University BMS Notes Human capital Management B.com Notes Human Resource Accounting & Audit BMS Notes Human Resource Practices BBA Notes Income Tax Osmania University B.com Notes Indian Business Law Notes Indian Ethos in Management Mumbai University BMS Notes Indian Financial System Osmania University b.com Notes Indirect Tax BMS Notes Mumbai University Industrial Law Notes Industrial law Notes free Download Industrial Relations Management Industrial Relations Mumbai University BMS Notes Information technology in Business notes Innovative Financial Services Mumbai University BMS Notes Integrated Marketing Communication BMS Notes International Finance Mumbai University BMS Notes International Financial Reporting-2 Osmania University b.com Notes International Financial ReportingOsmania University b.com Notes International Tax & Regulation Osmania University B.com Notes Interview Preparation & Planning Investment Management Osmania University b.com Notes Latest B.Com Free Notes Latest B.Com Free Notes Download Latest BBA Notes Latest BBA Notes Download Logistic & Supply Chain Management lu bba notes download Lucknow University Notes Lucknow University Notes Download Management Innovation Managerial Economics Marketing & Event Management b.com Notes Marketing Management Marketing Management free book download Modern Marketing Bangalore University BBA Notes Mumbai University BMS Notes Download Office Organization and Management Operations Management Organizational Behaviour Osmania University B.com Notes OU B.com free notes OU B.com Notes Performance Management & Career Planning Mumbai University BMS Notes Practice of Life Insurance Osmania University B.com Notes Principal of General Insurance Osmania University B.com Notes Principle of Management BMS Notes Principle of Management free notes download Principles of Insurance Osmania University b.com Notes Principles of Marketing Production & Total Quality Management BMS Notes Production and Inventory Management Bangalore University BBA Notes Quantitative Techniques-I Quantitative Techniques-II Rajasthan University BBA Notes Rajasthan University BBA Notes Downlaod RBI Policy Resume Writing and Corporate Communication Retail Management Mumbai University BMS Notes Role Play and Simulation Rural Market BMS Notes Search Engine Optimization & Online Advertising Osmania University B.com Notes SEBI Social Media Marketing Osmania University B.com Notes Spreadsheet for Business Strategic cost Management BMS Notes Strategic Financial Management BMS Notes Strategic Marketing Management Mumbai University BMS Notes Talent Management & HRIS Tourism and Travel Management University of Rajasthan BBA Notes Wealth Management BMS Mumbai University Notes Web Design & Analytics Osmania University B.com Notes Workforce Diversity BMS Notes