[IAS 27.38] An entity shall recognise a dividend from a subsidiary, jointly controlled entity or associate in profit or loss in its separate financial statements when its right to receive the dividend is established.The FASB issued a consolidation standard, ASU 2015-02, Consolidation (Topic 810) – Amendments to the Consolidation Analysis, in February 2015 that makes targeted changes to the accounting guidance used to determine whether one entity should consolidate another.
[SIC-12] Once an investment ceases to fall within the definition of a subsidiary, it should be accounted for as an associate under IAS 28, as a joint venture under IAS 31, or as an investment under IAS 39, as appropriate.
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And in no case may the difference be more than three months.
[IAS 27.27] Consolidated financial statements must be prepared using uniform accounting policies for like transactions and other events in similar circumstances.