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Consolidated reserves account vs Group statement of changes in equity.

Forums › Ask CIMA Tutor Forums › Ask CIMA F2 Tutor Forums › Consolidated reserves account vs Group statement of changes in equity.

  • This topic has 2 replies, 2 voices, and was last updated 6 years ago by chap.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • March 30, 2019 at 3:32 am #510830
    chap
    Participant
    • Topics: 11
    • Replies: 22
    • ☆

    Hi sir,
    Could you please explain me, if I get a closing balance using a consolidated reserves account, Is it going to be the same answer in “balance at close” of CSCE ( attributable to equity holders of parent column)?

    April 4, 2019 at 7:30 pm #511237
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7159
    • ☆☆☆☆☆

    Hi,

    Sorry, I’m not too sure that I follow your question entirely. I think, and correct me if I’m wrong, that when you get the closing balance for the retained earnings figure on the group SFP, is this the figure that appears on the CSOCE for retained earnings attributable to the parent. Yes, the closing figure on the CSFP is that on the CSOCE.

    Thanks

    April 5, 2019 at 4:53 am #511252
    chap
    Participant
    • Topics: 11
    • Replies: 22
    • ☆

    Appreciate your reply sir, that was my question. Got it.

    Thanks.

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘Consolidated reserves account vs Group statement of changes in equity.’ is closed to new replies.

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