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CONSOLIDATION

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › CONSOLIDATION

  • This topic has 0 replies, 1 voice, and was last updated 4 years ago by shaunak22.
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  • August 15, 2021 at 9:18 am #631606
    shaunak22
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    • Topics: 220
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    • ☆☆☆

    In consolidation why is deffered liability considered In group account ?

    it is a liability which is owed to the subsidiary which is part of the group that means when we recognise deffered liability we are recording a liability which we owe to ourselves wouldn’t that be wrong?

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