Free ACCA & CIMA online courses from OpenTuition

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

Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Accounting for Associates, equity method

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Accounting for Associates, equity method

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • April 22, 2021 at 9:43 am #618503
    Anonymous
    Inactive
    • Topics: 2
    • Replies: 0
    • ☆

    Hi! Why in equity method we eliminate intra-group unrealized profits

    April 24, 2021 at 1:15 pm #618718
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 6460
    • ☆☆☆☆☆

    Hi,

    We have influence over the associate and we are eliminating the influence that we have over the sale made between the group and the associate.

    Thanks

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.