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Corresponding figure

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Corresponding figure

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by Ken Garrett.
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  • April 12, 2013 at 1:53 am #122212
    nomantufail
    Member
    • Topics: 17
    • Replies: 13
    • ☆

    What is a corresponding figure ?

    Comparative figure as we know that are all figures in Financial statement of one year earlier than the date of the financial statement. But where can i find the corresponding figures.

    I am really struggling. Please help !!!

    April 12, 2013 at 7:53 am #122215
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10594
    • ☆☆☆☆☆

    Corresponding figures are last year’s figures, usually listed beside this year’s.

    Comparative financial statements is when the whole FS from the previous period are included with this year’s. A rare occurrence.

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