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Consolidated SOCFs-Working Capital movement- Moyes DEc 18

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Consolidated SOCFs-Working Capital movement- Moyes DEc 18

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.
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  • July 26, 2021 at 5:17 pm #629503
    tinkle
    Member
    • Topics: 50
    • Replies: 43
    • ☆☆

    Dear Sir, I hope you are doing good.

    Could you please help me understand what in the question have I missed such that the answer working doesn’t include any adjustments for the acquired and disposed of subsidiary and finds the movement directly by subtracting opening and closing balances of working capital

    July 27, 2021 at 7:38 am #629531
    Stephen Widberg
    Keymaster
    • Topics: 12
    • Replies: 2842
    • ☆☆☆☆☆

    Question does not mention the balances of the sub bought / sold, so there is nothing to adjust in working capital. We are only preparing the operating section of the CF in the first requirement. Does that make sense?

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