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consolidated simple groups example 4

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › consolidated simple groups example 4

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
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  • August 28, 2015 at 6:52 am #268886
    julys
    Member
    • Topics: 5
    • Replies: 0
    • ☆

    why are we not apportioning the reorganization cost for b (ii) where the profits are not announced?
    This is according to your working for the sub’s profit adjustment where the 5mths amt was nil and the 7mths amt was the full $1000.

    August 28, 2015 at 8:20 am #268896
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23350
    • ☆☆☆☆☆

    If it’s not announced, then it’s not an obligation until the second (post-acquisition) period. At what date did the obligation arise? After acquisition?

    Ok?

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