Skip to content

ACCA Forums

FRConsolidated SFP Prov for unrealised profit involving the parent and associate

PPinky9y ago
Hello what are the entries for provision for unrealised profit when an associate sells to a parent in the consol SFP ? How do you value the associate? do you subtract the pup from consol ret earnings? does the pup reduce the inventory ? please note the associate is selling to the parent
Sign into reply to this topic.