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CSOCF and subsidiary as AHFS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › CSOCF and subsidiary as AHFS

Viewing 2 posts - 1 through 2 (of 2 total)
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  • February 22, 2017 at 5:25 am #373584
    juve
    Participant
    • Topics: 59
    • Replies: 77
    • ☆☆

    Hello dear tutor

    Hope that you are well

    My question is about consolidated cashflow when we have classified our subsidiary as ahfs(asset held for sale)…

    How should we show the subsidiary’s cash and cash equivalent in consolidated SOCF?

    Many thanks

    February 22, 2017 at 1:52 pm #373670
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7082
    • ☆☆☆☆☆

    Hi,

    The subsidiary held for sale is still owned as part of the group as it hasn’t yet been disposed of, so therefore any amount in relation to the subsidiary still need to be included in the calculations.

    Thanks

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