• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Company losses

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Company losses

  • This topic has 4 replies, 2 voices, and was last updated 2 years ago by JillyB.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • April 28, 2023 at 5:50 am #683674
    krrish2005
    Participant
    • Topics: 138
    • Replies: 229
    • ☆☆☆

    I have doubt
    If a company has trading losses in two consecutive losses
    Then what will be order of set off for current year
    Like will we set off previous year carried forwrd trading loss first or current year trading loss??

    April 28, 2023 at 12:30 pm #683691
    krrish2005
    Participant
    • Topics: 138
    • Replies: 229
    • ☆☆☆

    Consecutive accounting periods**

    May 1, 2023 at 10:40 am #683790
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    If a company makes a loss and cannot use it then it will be carried forward to the next chargeable accounting period (CAP)
    In that next CAP you would use the brought forward losses first before using the current year losses.

    May 2, 2023 at 7:23 am #683828
    krrish2005
    Participant
    • Topics: 138
    • Replies: 229
    • ☆☆☆

    Sir in bpp exam kit
    Brought forward is used after current year loss

    May 3, 2023 at 6:47 pm #683892
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    I do not have access to BBP kit sorry

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • John Moffat on FM Chapter 8 Questions – Relevant cash flows for DCF
  • Ken Garrett on Professionalism, ethical codes and the public interest – ACCA Strategic Business Leader (SBL)
  • MikeLittle on Civil Law, Common Law, Criminal Law – ACCA Corporate and Business Law (LW) (ENG)
  • ROSIELUUE on Civil Law, Common Law, Criminal Law – ACCA Corporate and Business Law (LW) (ENG)
  • ahmedhashish on FM Chapter 8 Questions – Relevant cash flows for DCF

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in