in june 2010 past paper, where do you get the $30m from the investment of associate. do you think the Comp income will come out for this exam as it has not been tested or you think cashflows? Thanks
Karen, I have no idea to which 30 you refer! I’ve checked in the revision kit of a reputable publisher but I see no mention of a 30 investment in associate in either the International q nor a, nor in the UK GAAP version!
Please, give me a clue about what you are talking!
I equally have no idea whether it’s going to be cash flow, Statement of Income, non consolidation or what.
I can be of absolutely no help in this area – I just think that it’s time cash flows came again