There is apparently an accounting change coming in next year affecting the way financial services (and possibly other) companies account for minority interests. I understand this may require companies to treat a minority investment as a trading/available for sale investment rather than an equity investment at present. Has anyone heard of this? I’ve tried to verify this with very little success.
Many thanks.
Accounting changes for minority investments? – http://www.ifrslist.com/2011/02/22/accou…