ultimate controlling party

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Please can we have an ultimate controlling company and ultimate controlling party for the same entity?

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RLI
By lionofludesch
01st Jul 2020 14:02

I vote no.

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John Toon
By John Toon
01st Jul 2020 16:07

In what context? If it's a sub applying FRS 102 then yes possibly, depending on circumstances

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Replying to johnt27:
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By Fum
01st Jul 2020 18:53

yes under FRS102

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By Paul Crowley
01st Jul 2020 16:08

Is this entity a subsidiary?

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Replying to Paul Crowley:
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By Fum
01st Jul 2020 18:51

yes

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Replying to Fum:
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By Paul Crowley
01st Jul 2020 19:40

Under 102 I would disclose parent co, ultimate holding co and ultimate controlling party, dependant on circumstances.
Notes are meant to help, not hinder

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