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Ask the Tutor ACCA FA

Consolidation

JJames4y ago
I watched your lectures but could not find any revaluation surplus treatement in group. Can you please explain breifly about treatement of revaluation surplus? Thank you.
John MoffatJohn MoffatTutor4y ago#1
All reserves are treated in the same way, and so any revelations surplus is dealt with in exactly the same way as are retained earnings (and split between pre and post acquisition).
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