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Issue 26 - FRS 127 allows Investment in
Subsidiary be stated either at cost or at the
carrying revalued amount. How does a company
apply FRS 127 retrospectively if it chooses to
state its Investment in Subsidiary at cost in a
situation where the revaluation reserve has been
utilized?
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Description |
:
Issue 2008-26 |
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Format |
: PDF |
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Size |
:
40.03KB |
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Right click
HERE
and
select 'Save Target As' to download the
document. |
FRSIC has decided not
to take up the issue as the provisions in
the standards are clear.
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