Sample Disclosure – Accounting Policy On Investment In Subsidiary Companies (26 August 2009)


A subsidiary is an entity in which the Group and the Company have power to control the financial and operating policies so as to obtain benefits from its activities. The existence and effect of potential voting rights that are currently exercisable or convertible are considered when assessing whether the Group has such power over another entity.

An investment in subsidiary, which is eliminated on consolidation, is stated in the Company’s separate financial statements at cost less impairment losses, if any. On disposal of such an investment, the difference between the net disposal proceeds and its carrying amount is included in profit or loss.

2 thoughts on “Sample Disclosure – Accounting Policy On Investment In Subsidiary Companies (26 August 2009)”

  1. s one thing tto have a fancy degree in business and another to have practical experience running a smalll
    business. Accounts Payable ‘ Trade Supplier or Trade
    Services ——— $ xxx. The importance of the services of a virtual controller or
    third party professionals for tax and accounting services comes in useful for the following reasons during the start up process when a
    number of actions are being taken to create the foundation of a successful business:.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.