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