Significant influence

1. Financial reporting - IAS 28.

For the purposes of IAS 28, and the definition of an associate as an entity over which an investor has significant influence, significant influence is the power to participate in the financial and operating policy decisions of the investee but is not control or joint control of those policies.

2.

Similar levels of influence in other situations, not necessarily as defined strictly above for financial reporting purposes.

See also

• Associate
• Associated company
• Equity accounting
• Equity method
• Financial reporting
• FRS 102
• IAS 28
• Investee
• Joint arrangement
• Joint control
• Joint venture
• Joint venturer
• Subsidiary undertaking