AssociateForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › AssociateThis topic has 1 reply, 2 voices, and was last updated 6 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts October 23, 2018 at 8:41 pm #479602 adarsh1997ParticipantTopics: 646Replies: 282☆☆☆☆Hello Chris,If an associate sell to the parent, the adjustment for the unrealised profit is as follows: DR Group RE CR group inventoryIn the CSOFP, we need to remove the PUP due to the fact that the parent holds the inventory?But in the CSOPL, how we would deal with the adjustment? Do we need to increase cost of sales? October 28, 2018 at 7:30 am #480002 P2-D2KeymasterTopics: 4Replies: 7180☆☆☆☆☆Hi,As the associate has made the sale, it will have made the profit and therefore the share of profit of associate is adjusted and not the cost of sales.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