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Consolidated Financial Position

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Consolidated Financial Position

  • This topic has 3 replies, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • April 17, 2018 at 11:26 am #447699
    malaxima
    Participant
    • Topics: 4
    • Replies: 2
    • ☆

    When prepare consolidated statement of financial position, there is no given percent to calculate NCI and Group Retained earning. How can I find percent ?

    April 17, 2018 at 1:40 pm #447744
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    If you are not given the % then you will be told how many shares are held by the parent and how many shares the subsidiary has in issue in total. So you can then calculate the %.

    April 17, 2018 at 8:35 pm #447832
    malaxima
    Participant
    • Topics: 4
    • Replies: 2
    • ☆

    I got it. Thank you, sir.

    April 18, 2018 at 8:23 am #447916
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Consolidated Financial Position’ is closed to new replies.

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