Disposal of a foreign subsidiary – ACCA SBR Lectures
Reader Interactions
Comments
Leave a Reply
You must be logged in to post a comment.
Free ACCA & CIMA online courses from OpenTuition
Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
20% off ACCA & CIMA Books
OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>
I have fallen in love with you. Never enjoyed studying SBR so much in the past!
I have fallen in love with you. Never enjoyed studying SBR so much in the past
Typo in original.
When originally Dr’ed / Cr’ed in OCI it would have appeared in OCE.
When it is now being reclassified from SOCI to SPL, should OCE be adjusted?? Or is the reclassified element not booked to retained earnings as it has already been taken through OCE when originally Dr’ed / Cr’ed to OCI??
Otherwise there is definitely double counting – first to OCE via OCI and now to RE via SPL!!
When originally Dr’ed / Cr’ed in OCI it would have appeared in OCE.
When it is now being reclassified from SOCI to SPL, should OCE be adjusted?? Or is the reclassified element not booked to retained earnings as it has already been taken through OCE when originally Dr’ed / Cr’ed to OCI??
Otherwise there is definitely double counting – first to OCE via OCI and no to RE via SPL!!