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Lecture note, Chapter 10

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Lecture note, Chapter 10

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
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  • June 18, 2016 at 8:39 pm #323421
    Saimon
    Participant
    • Topics: 123
    • Replies: 55
    • ☆☆

    Sir, In your lecture note in chapter 10 example 5 you have worked out the consolidated retain earning and NCI twice

    for both of this you have done working one with b/f and one with c/f,……….Why?????

    and for this type of situation which one should i choose when preparing the consolidated statement of financial position or show in my CS of FP

    June 18, 2016 at 9:23 pm #323430
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23352
    • ☆☆☆☆☆

    It was an opportunity to show how a statement of changes in equity is prepared – I don’t do one for the preparation of financial statements type question so did one for a consolidation instead.

    But you cannot be asked to prepare one for an F7 consolidation question

    Does that relieve your worries?

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