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

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Investment income in consolidated statement of profilt and loss

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Investment income in consolidated statement of profilt and loss

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • April 25, 2020 at 11:38 am #569200
    gurpreet9080
    Participant
    • Topics: 1
    • Replies: 1
    • ☆

    Hi John,

    Could you please assist and advise how can we deal with investment income if it is sjown in statement of profit and loss of both Parent and holding.

    Also there is some additional note regarding the investment income which says:
    P acquired 75% of S shares. No dividends were paid by either entity during the year. The investment income is from listed investments and has been correctly accounted for.

    Thank you

    April 25, 2020 at 2:52 pm #569211
    John Moffat
    Keymaster
    • Topics: 56
    • Replies: 51888
    • ☆☆☆☆☆

    It will be shown in the SOPL of whichever company earned the income, and also in the consolidated SOPL.

  • 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

ACCA News:

 

ACCA My Exam Performance for non-variant Applied Skills exams is available NOW

NEW! Download the ACCA Pass Guide

FREE Verifiable CPD for ACCA Members

ACCA mock exams and debrief videos

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

Subscribe to ACCA’s Student Accountant Direct

Donate

If you have benefited from OpenTuition please donate.

ACCA CBE 2023 Exams

Instant Poll * How was your exam, and what was the result?

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

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • MikeLittle on Termination of Offer – ACCA Corporate and Business Law (LW) (ENG)
  • zan13898 on Termination of Offer – ACCA Corporate and Business Law (LW) (ENG)
  • Bukr on Life cycle costing (part 2) – ACCA Performance Management (PM)
  • John Moffat on Inventory Control (part 2) Quantity Discounts – ACCA Management Accounting (MA)
  • zuhairabbas on ACCA AB Chapter 4 – Organisational culture – Questions

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy