I n t e r a c t I v e t e X t foundations in Accountancy/ acca financial accounting (ffa/FA) bpp learning Media is an acca approved Content Provider

voting power of an entity unless it can be clearly shown that such ownership does not constitute control 

(these situations will be very rare). 

 EXAM FOCUS POINT 

All the definitions relating to group accounts are extremely important. You must learn them and 

understand their meaning and application. The ACCA examining team has stated that students need to 

be able to identify the nature of an investment, using the definitions of control and significant influence. 

So questions in your exam may require you to apply these definitions to scenarios.  

BPP Tutor Toolkit Copy

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CHAPTER 23  

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  INTRODUCTION TO CONSOLIDATED FINANCIAL STATEMENTS