Subsidiary undertaking: Difference between revisions

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''Accounting.''   
''Accounting.''   
This replaced the term 'subsidiary' following its introduction in UK Companies legislation. 


It is a wider definition in that a parent/subsidiary relationship is based more on control rather than ownership.
This concept replaced the term 'subsidiary' following its introduction in UK Companies legislation. 
 
It is a wider definition, in that a parent/subsidiary relationship is based more on control rather than ownership.
 
 
Relevant accounting standards include Section 9 of FRS 102.
 
 
Sometimes abbreviated to 'sub'.
 


== See also ==
== See also ==
* [[Associate]]
* [[Associate]]
* [[FRS  2]]
* [[FRS  102]]
* [[Parent undertaking]]
* [[Parent undertaking]]
* [[Participating interest]]
* [[Participating interest]]
* [[Subsidiary]]
* [[Subsidiary]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Intercompany_funding]]
[[Category:Investment]]
[[Category:Long_term_funding]]

Latest revision as of 00:09, 12 January 2021

Accounting.

This concept replaced the term 'subsidiary' following its introduction in UK Companies legislation.

It is a wider definition, in that a parent/subsidiary relationship is based more on control rather than ownership.


Relevant accounting standards include Section 9 of FRS 102.


Sometimes abbreviated to 'sub'.


See also