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Assalam walikum.
I want to ask about F7 marking, For example in consolidation, if I calculated the Post Acquisition assets of subsidiary incorrect so with this also the NCI and the Group retrained earning will be wrong. So does Acca/examiner will cut marks for the incorrect calculations of NCI and RE because of Incorrectly calculated Post acquisition assets of subsidiary?Alaikum as-salam
No, you would lose credit for the initial incorrect calculation but you will then get continuity marks for using the wrong number in the right places. The key here is that you need to show your workings and where you have used the incorrect figure in the correct place.
Shukran
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