Is a Consolidation Appropriate for a Subsidiary Planned for Sale?
Sadi Bilgic Sadi Bilgic

Is a Consolidation Appropriate for a Subsidiary Planned for Sale?

In our experiences with IFRS advisory, one intriguing scenario that arises is the continuation of consolidating a subsidiary until it is actually sold, despite a business having formulated a plan for its sale. Businesses initiating actions such as marketing and negotiations with potential buyers for a subsidiary planned for sale still continue to consolidate until the subsidiary is sold.

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