- This topic has 3 replies, 2 voices, and was last updated 10 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
When downstream transaction take place we deduct unrealised profit(specifically part of unrealised profit) from value of investment in associate (SOFP). Why we doing that?
Because it’s an unrealised profit and if we are to value the nvestment in the associate as “cost of investment + share of post acquisition retained – impairment since acquisition” then clearly the pup will affect the post acquisition retained figure
Ok?
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.