Separate financial statements: prescribe measurement and disclosure rules for investments in subsidiaries, joint ventures and associates. The Standard prescribes accounting and disclosure for investments in subsidiaries, joint ventures and associates in separate financial statements: investments must be measured either at cost or in accordance with Ind AS 109, with uniform accounting for each category; dividends are recognised in profit or loss when the right to receive is established; change in investment-entity status requires specific measurement and recognition rules; and separate financial statements must disclose the exemption from consolidation, details of significant investments and the accounting method used, with additional disclosures for investment entities.
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Separate financial statements: prescribe measurement and disclosure rules for investments in subsidiaries, joint ventures and associates.
The Standard prescribes accounting and disclosure for investments in subsidiaries, joint ventures and associates in separate financial statements: investments must be measured either at cost or in accordance with Ind AS 109, with uniform accounting for each category; dividends are recognised in profit or loss when the right to receive is established; change in investment-entity status requires specific measurement and recognition rules; and separate financial statements must disclose the exemption from consolidation, details of significant investments and the accounting method used, with additional disclosures for investment entities.
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