How to account unrealised profit re PPE after disposal of subsidiary?

This topic has 0 replies, 1 voice, and was last updated 9 years ago by khanverdikerimov.

Viewing 1 post (of 1 total)

Author

Posts
May 19, 2017 at 12:49 pm #387025
khanverdikerimov
Member
- Topics: 3
- Replies: 1
Subsidiary company sold engineering services for reconstruction of fixed assets of parent company. As a result parent company capitalised unrealised profit (URP) into cost of its fixed assets (PPE). At the level of group, URP was eliminated. After 3 years, subsidiary was disposed. Should we continue to eliminate URP after disposal of subsidiary?
Author

Posts

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.