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June 2014 Q1, working 1 Note

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › June 2014 Q1, working 1 Note

  • This topic has 1 reply, 1 voice, and was last updated 5 years ago by samantha1998.
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  • June 4, 2017 at 12:37 am #390041
    samantha1998
    Member
    • Topics: 7
    • Replies: 5
    • ☆

    Hi sir,

    I have trouble understanding the note under the working 1, which says:

    Note that the share of the associate’s profit should be disclosed on the face of the statement of profit or loss. Therefore, other expenses will be 73.19m plus 1.5m. i.e. 74.69m.

    Why the question needs to disclose the share of the associate’s profit. However, in Sep&Dec 2016, no disclosure is required.

    Besides, why the share of the associate’s profit will be added in other expense once being disclosed?

    Many thanks

    June 4, 2017 at 1:11 am #390043
    samantha1998
    Member
    • Topics: 7
    • Replies: 5
    • ☆

    I am still wondering why we have to disclose share of profits of associate.
    I GOT the calculation except that disclosure.

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