Company A holds total control over the board of directors of company B. But it does not have any voting rights in the company B.  Is company A required to consolidate the results of company B with its  own results. If yes, what is the share of result...

By |August 28th, 2008|CONSOLIDATION, DOCUMENTS|0 Comments

Transfer of shares (USGAAP)

Hello   i have got a question on transfer of shares involving share permium, can any one help ?   Facts : (1) A holds 100% on C.    (2) C 's capital structure : 10,000 shares of US$1 par value.    (3) A has invested in Co C of USD 1m for share capital of USD 10,000 and share premium of USD 990,000.    [...]

By |August 28th, 2008|IFRS|0 Comments