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FV adjustment of an investment

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › FV adjustment of an investment

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  • November 25, 2014 at 11:38 am #213105
    Jimpy
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    • Topics: 15
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    • ☆

    For question Trailer from the June 13 exam…

    The 14% consideration is revalued upwards by 30m. The answer has taken this 30m out of retained earnings. Why is it taken out?

    Is this 30m going to p+l? So you are crediting the p+l and debiting the retained earnings?

    Thanks.

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