What is the classification of Equity investments for which the investor does not have significant influence?
What is the classification of Equity investments for which the investor does not have significant influence?
Chapter1: Financial Statements And Business Decisions
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What is the classification of Equity investments for which the investor does not have significant influence?
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When a equity investment is made and if such investment does not result in significant influence, then such investment should be classified as Current or Non current asset depending on estimated holding period of such investment.
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