conso statement of changes in equity

Home Forums Ask ACCA Tutor Forums Ask the Tutor ACCA F7 Exams conso statement of changes in equity

This topic contains 1 reply, has 2 voices, and was last updated by Avatar of MikeLittle MikeLittle 3 years, 11 months ago. This post has been viewed 65 times

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts

  • avatar
    jcien86
    Member
    • Topics: 1
    • Replies: 0

    i’m doing conso question but stuck at prepare consolidated statement of changes in equity.

    if the question give the parent, subsidiary, associate opening balance, dividend and closing balance.

    so when i consolidate, should i only take the parent opening balance or take parent add subsidiary opening balance?


    Avatar of MikeLittle
    MikeLittle
    Participant
    • Topics: 0
    • Replies: 5493

    You take “Working 3 brought forward” That’s the same as working 3 with just the words “brought forward” added on to each line. So “H’s own, brought forward + H’s share of S post-acq retained brought forward – goodwill in S impaired since acquisition brought forward”

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.