Where a non-controlling interest exists in a subsidiary, AASB 12 /IFRS 12 Disclosure of Interests in Other Parties requires parent entities to disclose which of the following for each such subsidiary? I Summarised financial information about each subsidiary. |I The proportion of ownership interests held by non-controlling interests. IIi If the subsidiary is not wholly owned, the names of all other members.
Where a non-controlling interest exists in a subsidiary, AASB 12 /IFRS 12 Disclosure of Interests in Other Parties requires parent entities to disclose which of the following for each such subsidiary? I Summarised financial information about each subsidiary. |I The proportion of ownership interests held by non-controlling interests. IIi If the subsidiary is not wholly owned, the names of all other members.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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