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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Associate to Parent Sales and Parent to Associate Sales
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.
Thanks
Anything 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.
🙂