investment in associate

[saba786]

AOA all


Does IAS 28 shall apply to the medium sized entity or this investment would be treated in accordance with section 16"investment" of Accounting & financial reporting standards for MSEs. Whereby the framework says that where an entity has a transaction that falls outside this standard it's suggested that the preparer luks for guidance within IFRS.

Regards

[Dard]

Where are you located? If your company falls under Small or Medium Size in Pakistan, then follow Institute of Chartered Accountants of Pakistan's reporting Standards for SMEs