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Intra-group transaction treatment-revenue and COS

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Intra-group transaction treatment-revenue and COS

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  • June 3, 2017 at 11:12 pm #390032
    samantha1998
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    • Topics: 7
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    Hi everybody,

    I am wondering whether the revenue and COS will always be eliminated when there is a transaction between Parent company and Subsidiary, no matter the inventory is sold to sub by parent, or it is sold by sub to parent company.

    Many thanks

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