• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

INTRA_GROUP TIPS

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › INTRA_GROUP TIPS

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by fidget.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 4, 2013 at 1:46 am #124471
    valiaty
    Member
    • Topics: 17
    • Replies: 40
    • ☆☆

    Any tips to understand the INTRA-group transactions?

    May 4, 2013 at 2:58 pm #124524
    fidget
    Member
    • Topics: 8
    • Replies: 207
    • ☆☆☆

    Intra group transactions are basically trading or borrowing/lending between companies within the same Group. When the Group has to prepare consolidated accounts at the end of the reporting period, the Group is seen as a single entity. This means that as a single entity, the Group cannot trade with itself or borrow/lend to itself, so all intercompany transactions need to be eliminated on consolidation so as to present financial statements as a single entity.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • John Moffat on AA Chapter 7 Questions
  • John Moffat on FA Chapter 12 Questions Sales Tax
  • Raihanbabu on AA Chapter 7 Questions
  • PhantomOne on FA Chapter 12 Questions Sales Tax
  • John Moffat on PM Chapter 12 Questions Quantitative analysis in budgeting

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in