Ownership of 20% or more of voting shares leads to a presumption of significant influence.

Question

Quizplus · Accepted Answer

According to the International Accounting Standards Board (IASB), ownership of 20% or more of voting shares leads to a presumption of significant influence. However, the actual level of influence can vary depending on various factors such as board representation, contractual agreements, and other relevant facts and circumstances.

Ownership of 20% or More of Voting Shares Leads to a Presumption