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Past exam Dec '13 Q1

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Past exam Dec '13 Q1

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  • November 9, 2016 at 7:38 am #348152
    bojanbih
    Member
    • Topics: 17
    • Replies: 16
    • ☆

    Hi MIke,

    could you please help me to understand calculation of consolidated RE? I have a problem to understand implication of negative G/W.

    Thank you in advance.

    Regards,

    November 9, 2016 at 8:12 am #348162
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23200
    • ☆☆☆☆☆

    Negative goodwill? Add it into the consolidated retained earnings at the first opportunity ie in the financial statements for the first financial year end subsequent to the acquisition

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