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Hi mr mike
Please give small example to deal with PUP. In associated company
Thanks
Calculate the value of the pup.
Deduct in full from Associate’s retained earnings in working W3
Take the group’s share of the associate’s (now) adjusted post-acquisition retained earnings and add to the consolidated retained earnings.
Deduct from the consolidated retained earnings the extent of any impairment in the investment in the associate
OK?
Yes thanks mr
You’re welcome