⭐ Important points (exam-critical)
- ⭐Step acquisition: re-measure previous equity interest to FV at date of obtaining control.
- ⭐Distinguish associate (Ind AS 28 — equity method) from subsidiary (control, consolidate).
- ⭐Joint arrangement: JV (equity method) vs JO (proportionate share of A&L).
- ⭐Common control transactions: pooling of interest method under Appendix C of Ind AS 103.
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