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Consolidation – inter group sale of goods at loss

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Consolidation – inter group sale of goods at loss

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by AvatarMikeLittle.
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  • March 15, 2015 at 11:21 am #232454
    AvatarAvneesh
    Member
    • Topics: 2
    • Replies: 1
    • ☆

    Dear Sir,

    In case there is an inter-group sale of goods at loss and the goods remain in inventory at the end of the year, what should be the treatment? understand that no PuP adjustment should be made? Please let me know your thoughts.

    Thanks

    March 16, 2015 at 9:35 pm #232632
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    I’ve answered this on the ask the tutor forum!

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