AASB 12 Disclosure of Interests in Other Entities requires disclosure of which of the following for each subsidiary that has a non-controlling interest?
A)Accumulated non-controlling interests of the subsidiary at the end of the reporting period.
B)The proportion of ownership interests held by non-controlling interests.
C)The subsidiary's principal place of business.
D)All of the options are correct.

Question

Quizplus · Accepted Answer

AASB 12 requires disclosure of accumulated non-controlling interests, the proportion of ownership interests held by non-controlling interests, and the subsidiary's principal place of business for each subsidiary with a non-controlling interest.

AASB 12 Disclosure of Interests in Other Entities Requires Disclosure