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Ask the Tutor ACCA SBR

Release of discounted contingent consideration

Former userFormer user6y ago

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stephenwidbergstephenwidbergTutor6y ago#1
If consideration is to be paid in the future, it will always be discounted. The key thing to state in the exam is that the unwinding of the discount / any other changes will be in the P&L - I think they would normally be in finance costs - but, as long as you say P&L, that will be OK.
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