How do you account for a minority share?

To account for a minority share, typically less than 20% ownership, the equity method is not used; instead, the investment is recorded at cost on the balance sheet. Any dividends received from the investment are recognized as income. If there are significant changes in value, the investment may be adjusted to reflect fair value through other comprehensive income or earnings, depending on the accounting standards followed (e.g., IFRS or GAAP). Regular assessments for impairment should also be conducted.