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Ask the Tutor ACCA SBR

Group retained earnings and OCE

Mmehdijamal11y ago
On consolidation, can the GRE and OCE calculated together? And presented in the consolidated statement of financial position as a single line item?
MikeLittleMikeLittleTutor11y ago#1
Not really. Retained earnings should be separately disclosed from other components of equity. In fact, the clue is in the title OTHER components of equity
Mmehdijamal11y ago#2
Ok thank you very much :)
MikeLittleMikeLittleTutor11y ago#3
You're welcome
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