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ASSOCIATES – PURP

Forums › Ask CIMA Tutor Forums › Ask CIMA F1 Tutor Forums › ASSOCIATES – PURP

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  • September 19, 2017 at 12:36 pm #407954
    khawarbutt
    Participant
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    Why do we eliminate only investor’s share of unrealised profit?

    September 20, 2017 at 9:02 pm #408133
    P2-D2
    Keymaster
    • Topics: 4
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    Beacause that is the amount over which we have influence over. Equity accounting is all about showing the amount of influence that we exert and so we always adjust for our share.

    Thanks

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