• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

March 2026 ACCA Exams Results

Comments & Instant poll

Save 20% on ACCA & CIMA Books

Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get discount code >>

Transfering from OCI to R.E (when a simple investment becomes an associate)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Transfering from OCI to R.E (when a simple investment becomes an associate)

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by AvatarMikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • April 20, 2015 at 10:36 pm #241983
    Avataryellow
    Participant
    • Topics: 52
    • Replies: 68
    • ☆☆

    Hello Mike
    Hope you are fine.

    Would you please look at these two notes :
    ”December 2012, Q1, note iv” & ”June 2009,Q1, note c” .

    As far as I understood, In both of these notes, the parent has an investment (FVTOCI ) and by acquiring additional shares, the investment becomes an associate. Now the questions is that when the investment becomes an associate, what should we with the increase in the fair value of the investment (just before becomes an associate) ?

    In December 2012, Q1, note iv, it is transferred from other component of equity to retained earnings but in June 2009,Q1, note c it is NOT transferred.

    Would you please say :
    1- What is the appropriate treatment?
    2- The reason of this inconsistency between these two questions?

    Thank you in advance
    Kind Regards

    April 21, 2015 at 6:55 am #242004
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Is it down to the issue of a new IFRS? do you think?

    April 21, 2015 at 8:00 am #242027
    Avataryellow
    Participant
    • Topics: 52
    • Replies: 68
    • ☆☆

    Hi,

    I don’t know! What is the name of this news IFRS?
    Now what does this new IFRS say? We should transfer or not ?

    April 21, 2015 at 9:40 am #242033
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    IFRS 9 – it has replaced IAS 39

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • AllisonHoang on Sources of data – ACCA Management Accounting (MA)
  • Gyette on The Finance Function in the Digital Age – CIMA E1
  • mrjonbain on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • mrjonbain on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • AllisonHoang on MA Chapter 2 Questions Sources of Data

Copyright © 2026 · Contact · Advertising · OpenLicense · About · Sitemap · Privacy Policy · Cookie settings · Comments · Log in