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Group retained earnings and OCE

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Group retained earnings and OCE

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • December 6, 2014 at 11:06 pm #219025
    mehdijamal
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    On consolidation, can the GRE and OCE calculated together? And presented in the consolidated statement of financial position as a single line item?

    December 7, 2014 at 9:46 pm #219226
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Not really. Retained earnings should be separately disclosed from other components of equity. In fact, the clue is in the title OTHER components of equity

    December 8, 2014 at 8:47 pm #219540
    mehdijamal
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Ok thank you very much 🙂

    December 8, 2014 at 9:05 pm #219544
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    You’re welcome

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