[Inzam]

URP Elemination in IAS 28 :
1. If parent has sold the goods ,
then urp is eliminated from ‘Consolidated R/Earnings & Investment in associate’

2.If Associate has sold the goods,
then urp is eliminated from ‘Consolidated R/Earnings & Balance sheet inventory’

[Inzam]

Eazy !!!
this is the most tricky paper i have seen …
specially Question .2

[Author]

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