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Where a Subsidiary Records a Gain on the Intragroup Sale

question 45

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Where a subsidiary records a gain on the intragroup sale of a non-current depreciable asset to another entity within the group, NCI adjustments are required in relation to both the gain on sale as well as the consequential depreciation adjustments resulting from the group's continued use of the asset.


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A concise representation of the intended purposes and core beliefs of an enterprise, organization, or single person.

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A common goal or mission that unites a group of individuals, organizations, or stakeholders, fostering collaboration and driving collective action.

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