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Question 1 – Group Structure

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Question 1 – Group Structure

  • This topic has 2 replies, 2 voices, and was last updated 8 years ago by MVS.
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  • December 21, 2016 at 2:04 pm #364146
    MVS
    Member
    • Topics: 6
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    Hi,
    Is there a possibility to have an exam question on group structure where Parent and Subsidiary have acquired a sub-subsidiary in the same year at different dates (D shaped). Hence, different Retained Earnings at acquisition?

    Can you please advise how will goodwill, Consolidated RE and NCI will be structured (workings format)?

    Thanks.

    December 27, 2016 at 8:02 pm #364552
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7212
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    Hi,

    I’ve not seen a question like it previously in the ACCA exams but if it were to appear then you would just analyse out the information in the net assets working (W2) in more detail by having additional columns for each acquisition date. The remaining working would then follow the same structure, with goodwill calculated from the day we gained control.

    Thanks

    December 29, 2016 at 11:23 am #364621
    MVS
    Member
    • Topics: 6
    • Replies: 10
    • ☆

    Thanks very much for your response.

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