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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › treatment of profit or loss on disposal of subsidiary in P/L a/c
How to treat the group profit or loss on disposal of a subsidiary in the statement of consolidated group P/L account?
Hi,
It will be a material item and so is disclosed separately on the face of the statement of profit or loss, as per IAS 1
Thanks
