AASB 127 "Consolidated and Separate Financial Statements" prescribes that changes in the parent's ownership interest in a subsidiary that do not result in a loss of control are accounted for as equity transactions.
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Q1: When a parent sells its interest in
Q2: The profit or loss on the sale
Q3: Under the step-by-step method,the need to revalue
Q5: Under the single-date method,goodwill would be recognised.
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Q6: Under the step-by-step method,the aggregate costs of
Q7: Control over a subsidiary may be lost
Q8: Additional purchases of shares in a subsidiary
Q9: The required method (according to AASB 3)of
Q9: In calculating the profit or loss on
Q10: The consolidated balance sheet at year-end,in a
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