investment in associate - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=7) +--- Thread: investment in associate (/showthread.php?tid=9438) |
investment in associate - saba786 - 01-29-2011 AOA all Does IAS 28 shall apply to the medium sized entity or this investment would be treated in accordance with section 16"investment" of Accounting & financial reporting standards for MSEs. Whereby the framework says that where an entity has a transaction that falls outside this standard it's suggested that the preparer luks for guidance within IFRS. Regards - Dard - 01-29-2011 Where are you located? If your company falls under Small or Medium Size in Pakistan, then follow Institute of Chartered Accountants of Pakistan's reporting Standards for SMEs |