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Hi there,
I have a question Regarding URP (Unrealized Profit).When there is a sale From Parent to Associate then the amount of adjustment for URP is taken like we have to take URP and then have to multiply it by holding % in Associate.
But When there is a Sale From Associate to Parent then we have to book full URP or in this case we also have to multiply with the holding % in Assocaite ?
Please Let Me Know.
ThanksAnything involving associates – always work on group share.
To be honest, much more of an FR topic than SBR. You could revisit your FR notes but I wouldn’t spend much time on it.
Remember that in SBR you are allowed the odd computation error, but your explanations need to be as clear as possible.
🙂
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