Consolidated financial statements 3Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Consolidated financial statements 3This topic has 3 replies, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts May 4, 2016 at 1:51 am #313589 abrizni10MemberTopics: 55Replies: 49☆☆Sir please me with this Sir if the question doesn’t state the retained earnings during aquistion? How will I calculate the net asset of the subsidiary and the group retained earnings? May 4, 2016 at 7:28 am #313623 John MoffatKeymasterTopics: 57Replies: 54628☆☆☆☆☆I assume you mean the retained earnings at the date of acquisition.The question will have to tell you what they were (unless the shares were acquired on incorporation, in which case they will be zero.) May 4, 2016 at 1:35 pm #313683 abrizni10MemberTopics: 55Replies: 49☆☆Sir will there be a situation where fair value of NCI not be given? May 4, 2016 at 5:38 pm #313702 John MoffatKeymasterTopics: 57Replies: 54628☆☆☆☆☆No 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In