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Accounting of investment in associates

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(Querist)
07 June 2009 How to account for investment in associate in case where the associate was the subsidiary of the holding company and due to allotment of share of subsidiary it becomes associates?
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Sumit gupta

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Sumit gupta (Expert)
07 June 2009 IT WILL BE CONSOLIDATED BY HOLDING COMPANY ONLY. YOU DONT NEED TO MAKE ANY TREATMENT IN BOOKS OF SUBSIDIARY CO.
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Kapil

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Kapil (Querist)
14 June 2009 Ya but what will be treatment in the books of holding company?
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Kapil

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Kapil (Querist)
16 June 2009 How to revalue the investment in associate company?

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