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Ownership | Degree of Influence / Control | US GAAP Method | IFRS Method |
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Less than 20% | No significant influence | Depends on security classification | Same as US GAAP |
20% - 50% | Significant influence | Equity method | Same as US GAAP |
Each party owns 50% | Shared control | Equity method | Chocie of equity method or proportionate consolidation |
More than 50% | Control | Acquisition | Same as US GAAP |
Answers