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Ashanti june 10

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Ashanti june 10

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by AvatarP2-D2.
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  • May 27, 2018 at 8:09 pm #454310
    Avatarzkaay
    Participant
    • Topics: 212
    • Replies: 98
    • ☆☆☆

    Hi sir,

    I dont understand how attrib to … in this q

    Why did they include profit on disposal
    And share of assosiate Here?

    Thanks

    May 28, 2018 at 8:41 pm #454487
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    Hi,

    It is because Bochem has the ownership interest in Ceram, so any gains on disposal or associate holding of Ceram will be recognised in Bochem’s books.

    Bochem is a subsidiary of the group and so the parent will own their share of these items and the NCI their share.

    Thanks

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