IAS 27 - Separate Financial Statements
IAS 27 Separate Financial Statements addresses issues related to accounting for investments in subsidiaries, joint ventures, and associates when the entity elects or is required by local regulations to prepare separate financial statements under IFRS.
The separate financial statements are the financial statements of an entity, in which the entity may choose, in accordance with this Standard, to account for investments in subsidiaries, joint ventures and associates or at cost, as defined in IFRS 9 Financial Instruments, or using the equity method as described in IAS 28 Investments in Associates and Joint Ventures.
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