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Example 3 – Diana & Liga (Changes in the composition of a group)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Example 3 – Diana & Liga (Changes in the composition of a group)

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • May 22, 2015 at 6:04 pm #247977
    bdolegend
    Member
    • Topics: 9
    • Replies: 41
    • ☆☆

    Dear Sir,

    In reference to the above, regarding the Consolidated SOCI (CSOCI), why do we add Liga’s results in the statement? We don’t show their results on the CSOFP but why in the CSOCI?

    Is it because we showed the loss on disposal of Liga in that year?

    May 22, 2015 at 10:35 pm #248012
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23315
    • ☆☆☆☆☆

    It’s because Liga was a subsidiary throughout the year (but wasn’t at the end of the year)

    Because Liga was a subsidiary, the pre-disposal results of Liga were achieved whilst under Diana’s control

    Ok?

    May 23, 2015 at 1:56 pm #248153
    bdolegend
    Member
    • Topics: 9
    • Replies: 41
    • ☆☆

    Got it. Thanks Sir.

    May 23, 2015 at 3:17 pm #248176
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23315
    • ☆☆☆☆☆

    You’re welcome (and, please, less of the “Sir”)

    🙂

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