For workings, such as retained earnings working where there is parent's % of post acquisition retained earnings, should I write parent's % or replace it the name of the parent company.
Also for net assets of subsidiary working, should I write net assets of subsidiary or replace subsidiary it with the name of the subsidiary company.
Also for consolidated statement of profit or loss where there is attributable to the parent should I write attributable to the parent or replace parent with the name of the parent company
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3y ago#1For workings you can abbreviate so it doesn't matter what you write.
You need to be more accurate in the financial statements themselves.
In the financial statements themselves such as the consolidated statement of profit or loss where there is attributable to the parent shown should I write attributable to the parent or replace parent with the name of the parent company
3y ago#3It makes no difference in the exam. Just focus on getting the numbers right.
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