How to compute the value of diminution in the value of investment of a foreign subsidiary?
C.A. Jignesh N. Mehta
(C.A.)
(1030 Points)
Replied 22 June 2011
If you have minority interest in the subsidiary , then the value which you can realise less investment , the difference is dimunition if negative.
If you are in majority or its a wholly owned subsidiary then follow consolidation method....
Aparna Raja K.C
(Student)
(520 Points)
Replied 22 June 2011
Originally posted by : jignesh mehta | ||
If you have minority interest in the subsidiary , then the value which you can realise less investment , the difference is dimunition if negative. If you are in majority or its a wholly owned subsidiary then follow consolidation method.... |
Agree :)
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 22 June 2011
Originally posted by : jignesh mehta | ||
If you have minority interest in the subsidiary , then the value which you can realise less investment , the difference is dimunition if negative. If you are in majority or its a wholly owned subsidiary then follow consolidation method.... |
AGREED.