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This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.

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November 11, 2021 at 5:01 pm #640444
Nikitagarwal
Participant
- Topics: 153
- Replies: 146
Hi Sir,
I hope you are doing well and safe!
The Viegem Co question can be found in BPP revision kit.
I wanted to understand why while calculating share of profit of associates we have no done 9/12 , ultimately when we are propertionting alll expense/income then why not this as well ?
November 13, 2021 at 8:58 am #640541
P2-D2
Keymaster
- Topics: 4
- Replies: 6440
Hi,
I’m well, thanks. The investment in the associate has been held for several years and so has been held for the full year being reported upon, hence there is no requirement to pro-rate the profits.
Thanks
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