Changes in the Composition of a Group Example 2

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  1. Avatar of henrytenywa henrytenywa says:
    March 28, 2013 at 3:17 am

    mr mike when your were working out the Nci calculations of 20% you simply said its 791200 who did you get it even for 45% you said its 676000 how did you get it too

  2. Avatar of omerchamp omerchamp says:
    November 25, 2012 at 4:33 pm

    Respected Sir
    When should we do bf calculation i think only if examiner required SOCIETY

  3. Avatar of curiousmeerkat curiousmeerkat says:
    October 30, 2012 at 9:08 pm

    Is there anywhere where all the workings are listed and when they are relevant? Just wanted to check before I go through the notes to try and pick them out.

  4. Avatar of oladimeji01 oladimeji01 says:
    October 20, 2012 at 2:28 am

    Hello Mike,
    I was of the of the opinion that we would need to add the $84k retained earning profit for the year to the $820k but you treated it otherwise. Please could you shed more light on this. Thanks. Regards . David

    • Avatar of MikeLittle MikeLittle says:
      October 20, 2012 at 8:55 am

      @oladimeji01, Hi david

      Which question ( please don’t make me listen to the lecture! )

    • Avatar of mizanm mizanm says:
      October 30, 2012 at 2:58 am

      @oladimeji01, $84k RE for the year is already included in RE of $820k..ok, let me put it this way..what’s the sequence of preparing conso. Fin Statements? it will be CS of Comprehensive income, CS of Fin Position, CS of CIE..so there you go..i hope this helps.. :D

      • Avatar of MikeLittle MikeLittle says:
        October 30, 2012 at 11:08 am

        @mizanm, David, you’re given the retained earnings figure to CARRY FORWARD. That’s 820. But included within that figure is this year’s profits so, when calculating retained earnings brought forward ( or even when calculating retained earnings at date of a mid-year acquisition ) we need to deduct “this year’s retained earnings” from the carry forward position to get back to the brought forward position.

        If it’s a mid-year acquisition, we need then to time apportion the 84

  5. Avatar of premajhurry premajhurry says:
    September 12, 2012 at 8:43 am

    Thanks for the great lecture. We hence need to do the b/f workings ONLY if we are required to prepare SOCIETY? Otherwise no need? I’m right?
    Thx

  6. Avatar of cormac cormac says:
    July 17, 2012 at 1:06 pm

    Thanks for another great lecture Mike!

  7. Avatar of affera affera says:
    May 27, 2012 at 12:17 am

    what if , NCI portion in goodwill is not given ( as in DEC 2011 exam Question 1)

  8. Avatar of dbm1 dbm1 says:
    November 29, 2011 at 7:56 pm

    In the exams, should we time apporttion all consolidation?

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