Where separate entities in a group do not apply the same accounting methods,AASB 127 "Consolidated and Separate Financial Statements" prescribes adjustments to be made on consolidation to remove the impacts of different accounting policies.

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AASB 127 requires adjustments to be made on consolidation when separate entities in a group apply different accounting methods to remove the impact of different accounting policies.

Where Separate Entities in a Group Do Not Apply the Same