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  • Service: Audit
  • Type: Business and industry issue
  • Date: 8/26/2011

Consolidation exception for qualifying investment entities (2011/28) 

This issue of ITH focuses on the proposals in Exposure Draft Investment Entities issued by the IASB on 25 August 2011. The amendments propose that investment entities measure investments in controlled entities at fair value through profit or loss. The criteria to qualify encompass the nature of activities, the nature of investors and their interests in the entity, and the entity’s management of its investments. The FASB is expected to issue similar proposals in the near future but with one key difference...
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