Accounting for pre-acquisition retained earnings lossesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Accounting for pre-acquisition retained earnings lossesThis topic has 1 reply, 2 voices, and was last updated 2 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts August 31, 2021 at 10:35 am #633640 Kbrown88ParticipantTopics: 1Replies: 0☆Why are retained earning losses added back to subsidiary retained earnings, when calculating group retained earnings. September 1, 2021 at 7:21 pm #633857 P2-D2KeymasterTopics: 4Replies: 6889☆☆☆☆☆Hi,This is because the losses will have reduced the retained earnings, so to work backwards from the reporting date retained earnings to get the retained earnings at the acquisition date, we need to add them back.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In