Pro-forma of SOFP needed?

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November 25, 2017 at 11:06 am #417925
tarek786
Member
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Hi.
After doing all the workings for the SOFP/SOPL. Is it required to then list the totals into an actual pro forma.
The marking is based on each working e.g PPE, Retained earnings. and not pro-forma. So I am not sure if its required?
November 25, 2017 at 11:24 am #417936
P2-D2
Keymaster
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Hi,

I’d recommend that you do it for the SFP but just total up the numbers on the SPL working. There are marks elsewhere in the SFP for adding the assets/liabilities and making the adjustments.

Thanks
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