Applying financial reporting standards can be quite complex. The BDO team can help you assess your situation and prepare for the opportunities and challenges involved.
Applies to:
- Investments subject to significant influence;
- Subsidiaries accounted for using the equity method in accordance with Section 1591;
- Interests in jointly controlled enterprises accounted for using the cost or equity method in accordance with Section 3056; and
- The measurement and disclosure of certain other non-financial instrument investments (such as works of art and other tangible assets held for investment purposes).