are both acceptable under limited condition? Thanks
no IAS uses equity method if control is mildly significant and you are in that 20-50% range… For JV’s - US GAAP use equity method, very limited situations use proportionate consol for IFRS JV - use prop consol always
if proportionate allowed under all three accounting rule? I know IFRS for sure, GAAP under limited situation, IAS, positive, but need confirm… thanks. CFAdreams Wrote: ------------------------------------------------------- > no IAS uses equity method if control is mildly > significant and you are in that 20-50% range… > > For JV’s - US GAAP use equity method, very limited > situations use proportionate consol > for IFRS JV - use prop consol always