CIMA F2 Associates – Equity accounting (SPLOCI)

Comments

1. denism95 says

   November 11, 2020 at 1:21 pm

   in the video, the figure used for the profit of the associate is 200m, but it should be 240m as stated in the question, by using the 240m figure, you will get the 38m amount for the profits that are attributable to the associate.

   IE. 25% of 240m for 8/12 months = 40m
   Minus the Impairment of 2m
   40m – 2m = 38m = Profits that are attributable to the associate

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2. yasmineee says

   January 10, 2018 at 10:19 am

   In the Lecture on Associates SOFP, it is stated there that when Equity accounting, for SPLOCI there are two lines that need to be shown relating to the associate. One that states Share of profit of associate which was included in this lecture, but also in OCI we had to show Share of Associate OCI? In this lecture the latter is left out and we only have states the share of profit of associate. Please can this be clarified?

   Thanks!

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3. P2-D2 says

   July 10, 2017 at 12:11 pm

   Hi,

   Good spot, it should read 31.3. There’s a typo in the answers.

   Thanks

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4. 1979stchristopher says

   July 10, 2017 at 11:59 am

   RE: Associates

   I can’t make £38m!!?

   Isn’t ((0.25 x 200) / 12) * 8 = 33.3. Minus 2 = 31.3.

   Am I doing that right?

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