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Joint operation consolidate

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Joint operation consolidate

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by MikeLittle.
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  • December 7, 2013 at 9:13 am #151439
    hasanali95
    Member
    • Topics: 239
    • Replies: 248
    • ☆☆☆

    When consolidating the assets and liabilities of a joint operation in the CSFP,is it ok to show them as a separate line item below the parent n subsidiarys assets and liabilities so the examoner knows that i have taken it?

    Thanks sir

    December 8, 2013 at 7:30 pm #151699
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Yes, or equally show it “along the line as in “5,666 + 4,665 + 3,012”

    You could even put designatory letter above or below these amounts like “H”,”S” and “JV”

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