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- This topic has 13 replies, 3 voices, and was last updated 8 years ago by MikeLittle.
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- February 12, 2016 at 8:27 am #300117
Hi sir,
2012 June Q1, 2011 December Q1. Their difference is about current liability-deferred consideration, 2012 Q1CL includes finance cost (unwinding), while 2011 Q1 not. I just wonder the reason why they are not the same. Thanks in advance.February 12, 2016 at 12:14 pm #300140December 2011 answer certainly DOES include unwinding of discount!
What’s that last figure in working (iv) in the answer?
February 12, 2016 at 12:15 pm #300142Sorry , I got it.
February 12, 2016 at 12:30 pm #300145Well, I should hope you have, after I pointed it out to you!
🙂
February 14, 2016 at 3:59 am #300352Hi Sir,
In chapter 7, example-6 has mentioned, ‘Ivona bought 60% of the shares of Guido for $100,000’
Hence the parent company would be Ivona and subsidiary is Guido. However you have mentioned in the video in other way.
May I know where ‘m going wrong?
I have the notes of Mar 2016
February 14, 2016 at 9:35 am #300398At what time in the video have I said it the wrong way round
Whatever, it’s not important – I sometimes do make slips
If the question says that Ivona bought 60% of Guido, then Ivona is the parent, no matter what I may have erroneously said
February 14, 2016 at 11:29 am #300406Hi Sir,
Thank you for your kind explanation. Your teaching is very helpful specially in consolidation portion.
Under other reserves, mid year aqut’n video, time 04:41
February 14, 2016 at 1:17 pm #300417Thanks for that, but I’m not going to re-record it just because of that one slip 🙂
February 16, 2016 at 2:57 am #300632Hi Sir,
When I’ve looked into example , I could not able to understand W.2 first line why do we multiply by 2.
75% * 40000*2/3*1Also how do we take the no of shares as 60000?
Both are pretty confusing me. Would be helpful if you could explain me again in simple form
Thanks
February 16, 2016 at 9:07 am #300651First things first – I suggest that you change your avatar. The ACCA are VERY protective about their initials and I wouldn’t like you to get into any trouble from the Association
Now, let me ask you this in answer to your question – which question are you looking at?
February 17, 2016 at 6:02 am #300753Sorry. It’s chapter 9, group accounts- comprehensive example
February 17, 2016 at 8:37 am #300777Ah, that’s an easy one! What is the face value of each individual Danute share?
And then, what’s 75% of 80?
February 17, 2016 at 3:19 pm #300824Ohh..yae, I got it. Thank you so much sir.
February 17, 2016 at 3:50 pm #300833You’re welcome
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