AASB 10 requires the parent company to have control of another entity in order for that entity's consolidation into the group accounts to be required.

Name: AASB 10 requires the parent company to have control of another entity in order for that entity's consolidation into the group accounts to be required.
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AASB 10 requires the parent company to have control over another entity for consolidation purpose. Without control, the entity cannot be consolidated into the group accounts.

AASB 10 Requires the Parent Company to Have Control of Another