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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Group retain earning in step acquisation
If we have financial year say y/e 11/09/30. Suppose the parent acquire additional shares in a company in the mid of year say 11/04/01 and let the share holding increase from 25% to 65%(from EI/Associate to a subsidary).
When we caculate Group retain earning, should we include Parent 25% share of profit for the period 10/10/1-11/04/01?
Or it had been already included in Dereognition of EI/Associate and we should not doubt count?
Already recognised in the calculation of profit / loss on the disposal of the associate