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Questions › Category: CA-Final Consolidated Financial Statements › 435
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Siddhartha JainSiddhartha Jain asked 4 years ago

Sir please explain the answer to this question.

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RaviRavi Staff answered 4 years ago

it simply says consolidation is mandatory for every company having subsidiaries or associates or JVs

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RaviRavi Staff answered 4 years ago

it also explains exemption from consolidation see this image
https://1drv.ms/u/s!AqxpYGo5-Bccg9wfoXDTseix95lJVg?e=r9j9aH