Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

CSOCF and subsidiary as AHFS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › CSOCF and subsidiary as AHFS

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • February 22, 2017 at 5:25 am #373584
    juve
    Participant
    • Topics: 59
    • Replies: 77
    • ☆☆

    Hello dear tutor

    Hope that you are well

    My question is about consolidated cashflow when we have classified our subsidiary as ahfs(asset held for sale)…

    How should we show the subsidiary’s cash and cash equivalent in consolidated SOCF?

    Many thanks

    February 22, 2017 at 1:52 pm #373670
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7041
    • ☆☆☆☆☆

    Hi,

    The subsidiary held for sale is still owned as part of the group as it hasn’t yet been disposed of, so therefore any amount in relation to the subsidiary still need to be included in the calculations.

    Thanks

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.