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Acceptable Format for Consolidated P&L

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Acceptable Format for Consolidated P&L

Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • September 4, 2020 at 2:24 pm #583441
    Molaseni1
    Member
    • Topics: 10
    • Replies: 16
    • ☆

    Hello Sir,

    Please I want to confirm if its allowed to use the proforma format of the consolidated profit & loss in the exam. I noticed the format was not used in BPP review kit.

    Thanks

    September 5, 2020 at 7:51 pm #583606
    Gigakutkha
    Participant
    • Topics: 26
    • Replies: 11
    • ☆

    LSBF uses proforma: it shows P&L for parent, subsidiary, group adjustments and finally, the sum of the three columns yielding Group Figures side-by-side.
    Probably, this format is acceptable..

    September 6, 2020 at 11:11 am #583671
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7060
    • ☆☆☆☆☆

    Hi,

    It is definitely acceptable and I think works well with the online format of the exam.

    Thanks

    September 6, 2020 at 12:04 pm #583675
    Molaseni1
    Member
    • Topics: 10
    • Replies: 16
    • ☆

    Okay, thanks for the confirmation.

    September 10, 2020 at 3:25 pm #584772
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7060
    • ☆☆☆☆☆

    You’re welcome.

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Viewing 5 posts - 1 through 5 (of 5 total)
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