Consolidation Post-Aquistion Profit..??

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November 28, 2012 at 1:16 pm #55872
diannel2012
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in a question of consolidation:
is the subsidiaries profit stated in the Income statement (given) the same as the post aquition profit we calculate using the workin “”Net Asset For Subsidiaries”” ??
November 30, 2012 at 9:11 am #109115
Sangria9
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If the acquisition took place during the year (in the middle, for example), profit in the income statement after acquisition should be adjusted.
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