Forum Replies Created
- AuthorPosts
- November 12, 2020 at 1:25 am #594761
Thank you Sir. It makes sense now. Appreciate it!
May 11, 2019 at 1:49 pm #515619Thanks. Actually the question provide the yearly statements of profit or loss and other comprehensive income, so it is quite straight forward to get pre/post acquisition profit or loss.
I have actually found the same treatment in December 2014 exam(Plastik/Subtrack):
In the goodwill calculation the post acquisition profit is added back while the question provide us with the yearly Statements of profit or loss and other comprehensive income for the year ended 30 September 2014, which makes the calculation of pre-acquisition profit quite easy.
For the all the other past exams, the treatment is different (calculation of pre acquistion profit or loss).I would be grateful, if you can have a look at it!
Thanks! - AuthorPosts