• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

September 2025 ACCA Exam results

Post comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

415 plank Kaplan question

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › 415 plank Kaplan question

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by P2-D2.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • March 3, 2022 at 8:17 pm #649770
    kk-@
    Member
    • Topics: 2
    • Replies: 7
    • ☆

    Hello
    In this question profit for the year of subsidiary = 66000
    Parent acquired subsudiary in mid year
    At same time it invested in some loan of subsidiary
    The interest on the loan for 6 months = 5000

    So my question is , how to calculate post acquisition profit ?
    In answer they calculated like this : 66000*6/12 = 33000

    But I think post acquisition profit should be calculated like this
    (66000+5000)*6/12 – 5000 = 30500

    Help me please

    March 5, 2022 at 10:54 am #649878
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7205
    • ☆☆☆☆☆

    Hi,

    Why would you adjust for the interest on the loan prior to pro-rating the profits?

    Thanks

    March 5, 2022 at 3:40 pm #649915
    kk-@
    Member
    • Topics: 2
    • Replies: 7
    • ☆

    I want to find the post acquisition profit , so that we can distribute it between parent and nci ,now I just want to know post acquisition profit should be 33000 or 30500?

    March 8, 2022 at 9:31 am #650205
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7205
    • ☆☆☆☆☆

    Hi,

    It is the 33,000 being 6/12 of the profit for the year.

    Thanks

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • M.Kagi on MA Chapter 1 Questions Accounting for Management
  • HarryB on Throughput accounting – ACCA Performance Management (PM)
  • babysnow88 on Revenue Recognition Specifics – ACCA SBR
  • belz92 on MA Chapter 4 Questions Cost Classification and Behaviour
  • StudyWithAqeel on MA Chapter 5 Questions Ordering and Accounting for Inventory

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in