[charm]

But sir,
I don’t known ecactly ,
If subsidiary company not disclose inventory(that inventory are purchase from parient company with margin and remain unsold), How Parient company can known subsidiary’s inventory balances unsold outside the group at year-end to make conso adjustment? How can receive information about this? Because inventory balances on subsidiary can be both (balance purchase from parient company with transfer price) and (balance purchase from other suppliers).

[charm]

Thank You

[charm]

Thank you Chris ,

Subsidiary is a separate legal entity, so IAS 2 is require in valuation of inventory.

Only to remove intra group profit , conso adjustment require in conso statements.

Thank you for your answer , I am clear now.

In addition , to make conso adjustment for conso statements for inventory that unsold outside of the group at the year end , any disclosure require or not in the subsidiary financial statements? If require please refer IAS number and reference.
I think related party disclosure is require in this situition.If true , only related party disclosure is enough to make conso adjustment.
Thank You
Charm Myae Aung

[charm]

Thank You for your reply.

[charm]

choose highest and lowest level

Thank you Sir,
Now , I am very happy.
Thank you for your answer.

[charm]

sorry to analyse period 1 price level index (115)
not period 3 ( typing error)

[Author]

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