Abstract
International Accounting Standard (IAS) 3, Consolidated Financial Statements, was issued in 1976. It dealt with the presentation of consolidated financial statements and established a standard for the use of the equity method for investments in associates. IAS 3 had considerable influence in many parts of the world. In particular it was used in the development of the Seventh Directive on Consolidated Accounts. IAS 3 was also used by a number of EU Member States in their implementation of the Seventh Directive.
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© 1995 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Cairns, D. (1995). IASC. In: Ordelheide, D. (eds) Transnational Accounting. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-13233-1_19
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DOI: https://doi.org/10.1007/978-1-349-13233-1_19
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