ACCA SBR Question
At SBR we are going to be asked to apply our knowledge in practical situations. Here’s an example that involves a deep understanding of what it is that makes an investment an associate. Let’s say that Mason buys 30% of Churchill’s equity and that Churchill has a single other investor.
How should the Mason group account for its investment in Churchill? Before watching the video, maybe have a think of how you would answer this question!SHOW LESS Have a think before you watch my answer.