mid year acquisition of associateForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › mid year acquisition of associateThis topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts November 17, 2017 at 2:27 am #416183 zaheerzaynahMemberTopics: 4Replies: 1☆If an associate has been acquired on a mid-year basis, should the Parent’s share of the latter’s post acquisition reserves be proportionated or should we take it fully (for a whole year)? November 19, 2017 at 8:58 pm #416746 P2-D2KeymasterTopics: 4Replies: 7136☆☆☆☆☆Hi,We need to proportion the profits for the year, similar to how it is done with a subsidiary.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In