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Consolidated retained earnings

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Consolidated retained earnings

  • This topic has 1 reply, 2 voices, and was last updated 3 weeks ago by P2-D2.
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  • May 22, 2025 at 10:46 am #717409
    zumrudaliyeva
    Participant
    • Topics: 28
    • Replies: 8
    • ☆

    Dear Sir,

    If we are asked to calculate the consolidated retained earnings, should we consider an associate’s post-acquisition RE as well?

    May 26, 2025 at 8:49 am #717454
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    Hi,

    Yes, you will also need to include the parent’s share of the post-acquisition earnings of the associate within the group retained earnings. It ensures that the Group SFP balances as we will have added the same figure in the investment in associate balance in the non-current assets.

    Thanks

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