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P2-D2.
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kylerlu
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Hi Sir Chris!
I know we don’t have to get the totals for Q1. But does this mean we don’t have to add across as well?
For example, we are not expected to get the total assets and total equity and liabilities. But are we expected to add across horizontally or can we just show in SOFP, Goodwill (30+8)? Or 38?
Thanks!
P2-D2
- Topics: 4
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Hi,
There is no requirement to total up the numbers on the face of the financial statements but you do have to total your workings and transfer to the face of the financial statements.
One word of caution though is that if your script was borderline pass/fail then the moderation process would look at how you’ve presented your financial statements and whether you’ve totaled things up.
Thanks
kylerlu
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