The 2013 Annual Report of Bayer AG states: Subsidiaries that do not have a material impact on
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The 2013 Annual Report of Bayer AG states:
Subsidiaries that do not have a material impact on the Group’s net worth, financial position or earnings, either individually or in aggregate, are accounted for at cost of acquisition less any impairment losses.
Discuss what criteria might have applied in determining that a subsidiary does not have a material impact.
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Related Book For
Financial Accounting And Reporting
ISBN: 9781292255996
19th Edition
Authors: Barry Elliott, Jamie Elliott
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