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consolidation

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › consolidation

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by nokia.
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  • October 10, 2013 at 2:51 pm #142501
    Mugadza
    Member
    • Topics: 24
    • Replies: 24
    • ☆

    treatment of dividents received from subsidiary or associate

    October 11, 2013 at 3:51 am #142539
    nokia
    Member
    • Topics: 1
    • Replies: 63
    • ☆☆

    For associate will be removed from our books as we are taking the share of profit instead.. Otherwise would result in double counting.

    For subsidiary will be removed from our books as we are already merging the PnL of the two entities.. Otherwise would result in double counting.

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