The degree of influence (over financial and operating affairs (decisions and policies) of an investee) that is considered “significant”, but is not tantamount to control or joint control. Significant influence is the power (and ability) of a parent firm/ investor to define financial and operating policy decisions of an investee (through investments in associates, joint ventures, etc.)
Accounting
Accounting is the language of business, everywhere, worldwide. It is the means by which virtually every business communicates information about its operations, irrespective of size, scale, objectives, ...
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