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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › RE and Share Premium in W3
Dear Mike
In W3 if question have Share premium and RE whether we calculate as follow
H S
RE as per question xxx xxx
Share premium xxx xxx
– Pre Acq. (RE + SP) (xxx)
OR
Separately
Technically, they should be separate. However, for exam practical reasons at F7, you could combine them. The reason? Because the share premium account of the subsidiary will NOT have changed subsequent to acquisition so the figure for the subsidiary’s share premium to include “now” will be the same as the figure for share premium “then”