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company law

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › company law

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
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  • October 14, 2016 at 8:33 pm #343307
    firelion28
    Member
    • Topics: 159
    • Replies: 83
    • ☆☆☆

    Mike i dont understand how veil is lifted in group accounts preparation?

    October 14, 2016 at 9:01 pm #343308
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Because we prepare consolidated financial statements as though all the companies within the group aggregated into just one company even though, in law, they are each and every one separate companies

    Better?

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