Free ACCA & CIMA online courses from OpenTuition
Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
December 2023 - June 2024 exams: Get your discount code >>
September 28, 2023 at 1:13 am
Why didn’t we apportion group revenue, group admin expenses and group OCI to reflect % in subsidiary?
August 1, 2023 at 10:20 pm
In example 4 – The Goodwill impairments are ((recorded)) in administrative expenses. when calculating the NCI in PAT of Maul, Why reducing the profit (PAT) by subtract the impermeant if it recorded in the admin expenses . and when calculate the admin expense it should be 90+((50-6)*6/12)+6=118 if the impairments are recorded
April 14, 2023 at 1:10 pm
Hi, in part A is it standard practice NOT to include the Parent’s share of Associate revenue in the group Revenue? Thanks
February 2, 2023 at 5:39 am
Why we did not apportion Maul revenues for 80%, but took whole 100%? How to know when apportion figures in FS for % owned and when not?
April 14, 2023 at 1:12 pm
September 12, 2023 at 8:32 pm
Just joined newly,this is the same question i have as well, why did we take 80% of Màul?
January 17, 2023 at 3:52 pm
Nice Star wars Reference :p
October 6, 2022 at 10:26 pm
At 16:45 you’ve put 100 for the Parent and 50 for the subsidiary – but total still says 140. I’m assuming the answer is 150.
Also – the question does say ‘Assume that profits accrue evenly during the year’. Are revaluation gains treated as profits, and therefore should that 50 also be accrued evenly during the year? Or is the revaluation treated as a single event, being applied fully at the time of revaluation?
January 12, 2022 at 7:16 pm
How come the £20 million that Vader sold to Maul doesn’t get taken off in part f – NCI in PAT of Maul? I thought we would need to remove this from cost of sales, which would then reduce PAT? Thank you for any answers 🙂
January 12, 2022 at 7:22 pm
I meant increase* PAT ?
January 29, 2022 at 10:59 am
I think the £20m only gets taken off when its the subsidiary (Maul) that sells to parent (Vader). In this case its the parent selling to subsidiary
January 3, 2023 at 1:39 am
Inter company sales are added to group COS not individual S Co (seperate entity concept). Therefore, it doesn’t affect NCI share of S CO PAT
June 24, 2021 at 4:21 am
Why was the whole impairment amount of 6 subtracted first from Sub’s PAT ? Instead of just getting the NCI’s share of 6 , then subtract it from PAT??
August 24, 2021 at 5:22 pm
We deduct 100% of impairment from the subsidiary. only at the end after calculating the PAT and TCI do we separate out the NCI portion
January 15, 2021 at 4:51 am
Can you please give me the answer for example no 3.
September 22, 2020 at 2:47 pm
Is this impairment, impairment of goodwill or any impairment? And if it is any impairment when NCI is measured at FV, NCI must take its share of the impairment of any asset?
May 5, 2019 at 12:23 pm
Hi when do we put impairment in P’ s collumn? Can you provide explanation please.
May 24, 2019 at 11:32 am
If the goodwill is measured using the proportionate share method then we would include the impairment in P’s column so that the NCI does not get their share of it.
You must be logged in to post a comment.