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Financial statements

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Financial statements

  • This topic has 3 replies, 2 voices, and was last updated 2 years ago by P2-D2.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • January 12, 2023 at 10:56 am #675752
    xyzc
    Participant
    • Topics: 413
    • Replies: 175
    • ☆☆☆☆

    Should the financial statements numbers on spreadsheet be presented in full or should they be rounded to the nearest thousand. Which is correct

    January 15, 2023 at 9:27 am #676009
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7171
    • ☆☆☆☆☆

    I’d round to the nearest thousand.

    January 16, 2023 at 9:51 am #676449
    xyzc
    Participant
    • Topics: 413
    • Replies: 175
    • ☆☆☆☆

    Does that mean that I should place three zeros on top of both the financial statements and workings.

    January 18, 2023 at 9:16 pm #676951
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7171
    • ☆☆☆☆☆

    Yes but I doubt you would be penalised if you didn’t.

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