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Difference between subsidiary & associate company?

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تم إضافة السؤال من قبل Muhammad Umair Arain , General Accountant , Heart Beat Medical Center & One Day Surgery LLC
تاريخ النشر: 2015/03/21
Muhammad Ramzan Tufail  ACCA
من قبل Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

Subsidiary  - Between21% to50 % Share holding in a company.

Associate - Less than20 % Interest involved in a company.

 

Can be a detailed explain...

Talal Ali Durrani
من قبل Talal Ali Durrani , Finance Manager , Middle East Maritime Repair Company LTD

Any entity in which a company has control is its subsidiary and any entity in which a company  have significant influence but don't have control is Associate. and the percentage of share is not important in this. even if a company have only40% share but all other have10% equal share. Now the company which have40 % share have major control and can record this as its subsidary.

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