Where an investor has discontinued the use of the equity method because the associate has incurred...

Where an investor has discontinued the use of the equity method because the associate has incurred losses, it must disclose the: Reason why it has discontinued the method. Unrecognised share of current period and cumulative losses of the associate. Effect on the statement of changes in equity if it had continued to use the method. Accounting policy it has adopted in place of the equity method.

Expert Solution

Where an investor has discontinued the use of the equity method because the associate has incurred losses, it must disclose the
unrecognised share of current period and cumulative losses of the associate.

The Unrecognised share of current period and cumulative losses of the associate must be disclosed if if Equity method is discontinued.

Option B is correct

ekkarill92 answered 2 years ago

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