[francis05]

Thanks
Yes it could be a reversal of the previous gain in the revaluation of the original investment of 14%
My problem though is that the revaluation of the original investment to fair value seems to occur in the current year when the control is achieved so it is confusing on how the gain has to be reversed in the group’s profits
but thanks will read some more

[francis05]

Hi sir
I don’t understand why the gain on the existing investment (310-280) have to be reversed in the group profits
I thought it was supposed to be a credit not a debit
Will appreciate your help

[francis05]

Thanks Mike

[francis05]

66%
Thanks to God
Thanks Mike Little and OT team for putting the resources together really helpful.
Very relieved as lost it first seating
This was my last F paper so I m grateful to God almighty and tge Open tuition team

[francis05]

I wonder I didn’t see anything like it
Was there a part that required a SFP?
If it was there I must have missed it
That means a straight fail bah

[Author]

Posts